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General-Equilibrium Models in Economic History

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  • Temin, Peter

Abstract

In this paper, I will discuss three classic problems in economic history. I label them “classic” because they are problems of general interest that share the central characteristic of classic problems: an extensive literature has not led to general agreement. They are taken from the literature on the history of the United States because of the wealth of data and secondary material on this country's history, but they all have their analogues or reflections in European history. They are the problems of labor scarcity in America, the depression of the 1930's (which Americans call the Great Depression), and the deflation of the late nineteenth century (which the British call the Great Depression).

Suggested Citation

  • Temin, Peter, 1971. "General-Equilibrium Models in Economic History," The Journal of Economic History, Cambridge University Press, vol. 31(1), pages 58-75, March.
    • Handle: RePEc:cup:jechis:v:31:y:1971:i:01:p:58-75_09
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    Cited by:

    1. Allen, Robert C., 2014. "American Exceptionalism as a Problem in Global History," The Journal of Economic History, Cambridge University Press, vol. 74(2), pages 309-350, June.
    2. Knick Harley, 2003. "Growth theory and industrial revolutions in Britain and America," Canadian Journal of Economics, Canadian Economics Association, vol. 36(4), pages 809-831, November.

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