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A Shocking View of Economic History

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  • Neal, Larry

Abstract

Economics, like geology, is an historical science. Geology has made incredible advances by accepting it is an historical, rather than a laboratory science. Economic historians can help economics make similar advances by adopting the research strategies of modern geology. Intensely empirical and global in their range, today's geologists focus on the historical remains of shocking, usually catastrophic, events in the earth's past. Already empirical and global, economic historians have ample shocks to study whether their specialty is population, technology, or institutions. A few examples of the possibilities should stimulate us to reinvigorate our parent disciplines of economics and history.

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  • Neal, Larry, 2000. "A Shocking View of Economic History," The Journal of Economic History, Cambridge University Press, vol. 60(2), pages 317-334, June.
    • Handle: RePEc:cup:jechis:v:60:y:2000:i:02:p:317-334_02
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    Cited by:

    1. Pencho Penchev, 2017. "Of the Essence and Meaning of Economic History," Proceedings of the Centre for Economic History Research, Centre for Economic History Research, vol. 2, pages 9-34, November.
    2. David G. Schwartz, 2014. "Research Commentary ---The Disciplines of Information: Lessons from the History of the Discipline of Medicine," Information Systems Research, INFORMS, vol. 25(2), pages 205-221, June.
    3. Brainerd, Elizabeth & Siegler, Mark V, 2003. "The Economic Effects of the 1918 Influenza Epidemic," CEPR Discussion Papers 3791, C.E.P.R. Discussion Papers.
    4. Kerry A. Odell & Marc D. Weidenmier, 2002. "Real Shock, Monetary Aftershock: The San Francisco Earthquake and the Panic of 1907," NBER Working Papers 9176, National Bureau of Economic Research, Inc.

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