Dr John Turner and Dr Will Quinn of Queen's University Belfast have written a brilliant new book titled 'Boom and Bust', which is a fascinating account of the ten bubbles in history occurring in the 19th century Australia to modern China. In the words of the The Enlightened Economist: Each episode is set in the [...]
Economic Historian Guido Alfani, who studies long run trends in inequality, posted a series of tweets on pandemics and inequality this week. To sum up: Some pandemics in history helped reduce inequality, but it would be wrong to say that all pandemics reduce inequality. 2. Some pandemics may not have macro impact but can still [...]
Lockdown has led to wonderful season of webinars and if you love Macroeconomics and Economic History, here are the webinars I recommend: The Graduate Institute Geneva has been conducting this fabulous series for those who are interested in Microeconomics, and just this week, we had Prof James Robinson presenting his studies on the economic effects [...]
So finally, it's here and it would be great for you to sign up for it now. Go to econhistorienne.substack.com and sign up. Let me know how you like it. Love and peace, PS.
Did education play a role in England’s industrial revolution? https://mostlyeconomics.wordpress.com/2020/01/30/did-education-play-a-role-in-englands-industrial-revolution/ — Read on mostlyeconomics.wordpress.com/2020/01/30/did-education-play-a-role-in-englands-industrial-revolution/
Yeah so, even as Budget 2020 is waiting to be ripped apart mostly for what it’s projections for the year ahead are, I am worried how little we care about the past when it comes to the budget. Hey, what exactly is budget anyway? Just a simple record of what the government earned and spent [...]
Here is a rare archival footage of Kenyes speaking on the gold standard. Savour. https://twitter.com/econfilm/status/1222860593100664832
Economics professors Arjun Jayadev and Branko Milanovic have collaborated on a video lecture series on Inequality - the five vidoes, free to watch, clearly and succinctly explain what Inequality is all about, why you should care and other fundamentals you have been wondering about for long. It's cut-the-clutter stuff that you shouldn't miss. Watch here: [...]
For a budding economic historian, reading Dietmar Rothermund’s work on India can be an illuminating experience, given that apart from the works of Indian scholars on Indian economic history, Rothermund’s books provide a refreshing view of history. But what can be really special about this veteran historian is his extremely warm demeanour even to those [...]
How Medieval Surgeons Shaped Sex and Gender https://daily.jstor.org/how-medieval-surgeons-shaped-sex-and-gender/ Fascinating take on the historical origins of how sex and gender came to be defined, and the role of medical surgeons in it.
The debate over India's GDP numbers (economists are still locking horns over the truth and objectivity in these figures) was back into currency with this Arvind Subramanian piece published in June this year. He said that India may have overstated its GDP figures by 2.5 percentage points every year since 2011. Another insightful piece said [...]
Capitalism Didn't Invent "Keeping Up with the Joneses" https://mises.org/node/47286 — Read on mises.org/node/47286 Absolutely interesting piece. This one breaks the myth about capitalism making people materialistic. It's all about creating more choices and opportunities. What you pick remains your sole decision. Don't blame capitalism for it.
This blog comes a bit late in the day, but I still wanted to put together some of the important thoughts that have emerged on the G20 summit this year. The big show about getting nothing done - this seems to be the prevailing criticism about the G20 meet in Japan's Osaka. Of course, Ivanka [...]
Is democracy dying? This question seems to be back on the mind of economists this week. I live in the world's largest democracy but it often confounds me. It confounds me when I see people voting for leaders who don't do justice to their roles. It distresses me when politicians make policies that are in [...]