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Tag Archives: #economichistory

Lecture Notes: The Development of Underdevelopment and W. Arthur Lewis

3086 words https://github.com/braddelong/public-files/blob/master/lecture-inequality-text.pdf The large populations and low levels of material wealth and agricultural productivity in China and India checked the growth of wages. Workers could be cheaply imported and employed at wages not that far above the physical subsistence level. Low wage costs meant that commodities produced in countries open to Asian immigration were relatively cheap. And competition from the Malaysian rubber...

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Economic Growth in Historical Comparative Perspective: Assignment 8: Economic Growth in Historical Perspective

Econ 135: Assignment 8: Character of Modern Economic Growth Paper https://www.bradford-delong.com/2020/03/economic-growth-in-historical-comparative-perspective-assignment-8-economic-growth-in-historical-perspective.html: Explain, in about 500 words, how the character of modern economic growth as it has been seen in the world since 1870 differs from economic growth—or not-growth—in previous eras since the invention of agriculture. Upload your short essay to this webpage. Submitting: a text...

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1919: Inevitability and Chance: A Teaser for “Slouching Towards Utopia?: An Economic History of the Long Twentieth Century”

From 1870-1914 we can see global economic history as by-and-large following a logic that was if not inevitable at least probable, or explicable after the fact. Luck and probability gave humanity an opening around 1870 in the form of a quintuple breakthrough: the ideology and policy of an open world, the transportation breakthrough, the communications breakthrough, and—most important the coming of the research laboratory plus the large corporation to to more than double the pace of...

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Study Questions: Pre-Commercial Revolution Economies

#### Study Questions for the History of Economic Growth: For Midterm 1: Econ 135 1. Explain in words what the steady-state balanced-growth path Solow-Malthus equilibrium equation for real living standards tells us about what the level of income will be in a Malthusian society. 2. Explain in words what the steady-state balanced-growth path Solow-Malthus equilibrium equation for the level of population tells us about what the level of population will be in...

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Weekend Reading: Peter Temin: Land Tenure and Exploitation from the Roman Empire to Lord Peter Wimsey

...The spread of violence was sporadic and uneven. As more and more areas were affected, land ownership under Roman rules became more and more localized. Land ownership in the form described earlier was confined to Roman islands in a barbaric sea (with apologies to Pirenne 1956). These islands shrank over time as the violence overspread the declining empire until most of them disappeared at some undetermined time (McCormick 2001). We see remnants of the Roman land system in an account...

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Brad DeLong's Grasping Reality 2020-02-11 23:14:08

Note to Self: Polanyi: Aristotle Discovers the Economy: Hoisted from the Archives: A whole bunch of this article is simply wrong: the claims that "in the fourth century... Greeks initiated the gainful business practices that in much later days developed into the dynamo of market comnpetition" are false. This means that Polanyi is wrong when he says that Aristotle is examining a new phenomenon when he looks at the economy. Aristotle is examining an old phenomenon from the point of view of...

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Malthusian Agricultural Economies

Th Feb 6: 2.1. Malthusian Agricultural Economies * Read Before: Jared Diamond (1997): The Worst Mistake in the History of the Human Race * Read Before: The Man Who Saw the Deep (Gilgamesh), selections * Slides: ---- ###### This File: ###### Edit This File: ###### Up a Level: Economic Growth in Historical and Comparative Perspective: ###### bCourses: ###### Teaching Economics: #berkeley #economicgrowth #economichistory #highlighted #teachinggrowth...

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