The Routledge Handbook of Modern Economic History aims to
introduce readers to important approaches and findings of economic
historians who study the modern world. Its short chapters reflect
the most up-to-date research and are written by well-known economic
historians who are authorities on their subjects.
Modern economic history blends two approaches Cliometrics (which
focuses on measuring economic variables and explicitly testing
theories about the historical performance and development of the
economy) and the New Institutional Economics (which focuses on how
social, cultural, legal and organizational norms and rules shape
economic outcomes and their evolution). Part 1 of the Handbook
introduces these approaches and other important methodological
issues for economic history.
The most fundamental shift in the economic history of the world
began about two and a half centuries ago when eons of slow economic
change and faltering economic growth gave way to sustained, rapid
economic expansion. Part 2 examines this theme and the primary
forces economic historians have linked to economic growth,
stagnation and fluctuations including technological change,
entrepreneurship, competition, the biological environment, war,
financial panics and business cycles.
Part 3 examines the evolution of broad sectors that typify a
modern economy including agriculture, banking, transportation,
health care, housing, and entertainment. It begins by examining an
equally important "sector" of the economy which scholars have
increasingly analyzed using economic tools religion. Part 4 focuses
on the work force and human outcomes including inequality, labor
markets, unions, education, immigration, slavery, urbanization, and
the evolving economic roles of women and African-Americans.
The text will be of great value to those taking economic history
courses as well as a reference book useful to professional
practitioners, policy makers and the public.
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