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Applied history, applied economics, and economic history

Author

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  • Colvin, Christopher L.
  • Winfree, Paul

Abstract

As a new field of academic enquiry, applied history has a unique opportunity to learn lessons from other applied fields. In this essay, we set out how we think applied historians can learn from the mistakes of applied economists and economic policymakers in their use, and abuse, of economic theory and economic history. What we call the New Applied History has the potential to improve the way policymaking is conducted. But only if its practitioners understand the power, and limitations, of theory. We apply our ideas to the case of budgetary policymaking in the United States.

Suggested Citation

  • Colvin, Christopher L. & Winfree, Paul, 2019. "Applied history, applied economics, and economic history," QUCEH Working Paper Series 2019-07, Queen's University Belfast, Queen's University Centre for Economic History.
    • Handle: RePEc:zbw:qucehw:201907
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    File URL: https://www.econstor.eu/bitstream/10419/204555/1/1678827347.pdf
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    References listed on IDEAS

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    Cited by:

    1. Doran, Áine & Colvin, Christopher L. & McLaughlin, Eoin, 2024. "What can we learn from historical pandemics? A systematic review of the literature," Social Science & Medicine, Elsevier, vol. 342(C).
    2. Brownlow, Graham & Colvin, Christopher L., 2022. "Economic history and the future of pedagogy in economics," QUCEH Working Paper Series 22-09, Queen's University Belfast, Queen's University Centre for Economic History.
    3. Colvin, Christopher L. & McLaughlin, Eoin, 2021. "Death, demography and the denominator: Age-adjusted Influenza-18 mortality in Ireland," Economics & Human Biology, Elsevier, vol. 41(C).
    4. Colvin, Christopher L. & McLaughlin, Eoin, 2020. "Death, demography and the denominator: New Influenza-18 mortality estimates for Ireland," SRERC Working Paper Series SRERCWP2020-2, University College Cork (UCC), Spatial and Regional Economic Research Centre (SRERC).

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    More about this item

    Keywords

    applied history; budgetary policy;

    JEL classification:

    • B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary
    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
    • N12 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - U.S.; Canada: 1913-
    • N41 - Economic History - - Government, War, Law, International Relations, and Regulation - - - U.S.; Canada: Pre-1913

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