Questions which concern the historical management, distribution, and usage of resources; why a particular resource, or state of production, occurred in a certain way.

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3
votes
3answers
360 views

Effects of deliberately creating inflation to eliminate domestic debt [closed]

T.E.D. commented on this answer: Sometimes (particularly in developing countries) they literally are printing more money. In the USA typically we increase the money supply to make up for some kind ...
7
votes
1answer
290 views

What are the social preconditions for division of labour, when compared in different emerging civilizations?

I would like to know if historians/economists/sociologists agree on the preconditions required for division of labour in ancient and/or earlier societies. Are there any common preconditions and ...
2
votes
1answer
803 views

What is the secret behind the economic success of ROC(Taiwan)?

Even though the Republic of China (also known as Taiwan) is not a member of the United Nations, it has been economically successful. What is the secret behind the economic success of it then?
13
votes
1answer
227 views

How did the existence of the Alps impact the development of Switzerland?

Can anyone tell me what was the role of Alps and Alpine region in Swiss development of Switzerland?
10
votes
2answers
182 views

Buying/Renting/Leasing houses during history?

I was wondering about something. After the last financial crisis, many people have talked about not buying a house, but renting one, and they made it sound like a "new" idea. So what was it like ...
10
votes
2answers
359 views

Approximately what was the short-term economic loss to Britain as a result of the Revolutionary War being lost?

Is there any research that shows what the economic impact was to the British economy stemming from the 13 Colonies obtaining independence? It could be either a narrower estimate of purely tax losses ...
11
votes
2answers
759 views

What were the operating principles of Japan's MITI during the 1950s and 60s?

Japan's Ministry of International Trade and Industry (MITI) guided Japan's economy through two decades of unprecedented economic growth. MITI was the primary instrument of Japan's industrial policy, ...
5
votes
1answer
94 views

Has a country gone to war to seek payment of a debt since 1900? [duplicate]

Has a country gone to war to seek payment of a debt since 1900? Expansionist policies don't count although use of debt as a justification would be interesting.
17
votes
2answers
954 views

Has mercantilism ever been successful?

Mercantilism, which includes protectionism, industrial policy, capital controls, and other distortions to trade, is generally viewed by economists today as unsound economic policy. An overwhelming ...
9
votes
2answers
2k views

Why is Alexander Hamilton considered the father of modern banking?

I've been hearing the phrase recently that Alexander Hamilton is considered the "father of modern banking", but haven't really come up with any explanation or definition that I can really understand ...
26
votes
2answers
2k views

Where did the Romans store their cash?

In the era before banking was invented, where did wealthy Romans store their cash? The emperor probably could store it somewhere in the imperial palace thanks to the Praetorian guard, but what about ...
17
votes
1answer
377 views

What were tally sticks?

What were tally sticks, and how was it that they they worked for the economy? I understand that they were a form of currency and were of fixed value based on the notches, but how did they work as a ...
9
votes
7answers
409 views

First evidence of intercontinental or cross-cultural trade?

Probably this happened several times and maybe even failed and broke up in different regions. What hints and proofs do we have of the earliest succesful intercontinental trade relations? I assume ...
4
votes
1answer
799 views

What is the purpose of the bridge to the Russkiy island? [closed]

Russky bridge is a bridge to a sparsely populated Russky island in the Far East whose construction started in 2008 and completed in 2012. It is the world's largest cable-stayed bridge, the 1104 m long ...
4
votes
1answer
152 views

How easy one could start an artel in USSR after WW2 1945-1956?

During 1956-1960 all artels (cooperative enterprises) were nationalized in USSR. It was a large amount of artels. How easy was it to organize an artel before that, in the post-war period of ...
8
votes
1answer
153 views

What surface area per person is required for hunter-gatherers?

I am sure I have read it somewhere, but I can't figure out in which book anymore (I think Steve Pinker's How the Mind Works) Most of human (pre-)history (and evolution) has happened in a foraging ...
8
votes
3answers
1k views

How much has U.S. currency inflated since 1792?

How much has U.S. currency inflated since the Coinage Act of 1792 established the U.S. Mint? Adjusting for inflation, what amount of modern currency would have the same buying power as a 1792 dollar? ...
4
votes
2answers
811 views

World Wars and economic crises?

I don't recall where I heard in an interview or read in an article that there is a causation between economic crises and the two world wars, is there is historical truth in that? For the second war ...
11
votes
3answers
910 views

Gold Confiscation Act of 1933

On March 9, 1933 Franklin D. Roosevelt (FDR) called Congress in for an emergency session, which would result in the speedy passing of the Gold Confiscation Act. According to FDR's Executive Order ...
3
votes
1answer
69 views

Increment of workers in agriculture during periods of economical crisis

Was there an increment of the percent of people working in the agricultural sector during the economical crises of the last couple of centuries? What are the factors influencing the ratio of farmers? ...
4
votes
1answer
169 views

When and why China started to make a difference in the superpower arena?

China is starting to be more and more remarked on the superpowers' podium, but this surely didn't happened overnight, so what would be that decade that was very auspicious for China, and why?
6
votes
1answer
4k views

Which have been the most and least successful Olympics in terms of economic impact?

When discussing the Olympics, politicians are always keen to stress the economic benefits that will flow to the host city. A number of commentators in the media though have suggested that the bulk of ...
20
votes
3answers
549 views

First evidence for replacement of barter trade by local abstract currency?

What were the first local currency systems in history we have detailed information on? I dont think it was gold/silver or other hard to produce materials. Probably these became more important ...
-1
votes
1answer
72 views

Has a country ever used an insurance company as a shield when the economy goes down? [closed]

Has a country ever used an insurance company as a shield when the economy goes down? I know that insurance companies have tons of money beforehand.
-7
votes
1answer
139 views

The importance to ignore Howie Huber's speech over the internet [closed]

It have been known that public have develop despise to Howie Huber for his received bonus. So, public have shown almost no interest to his received wisdom. When i type in the "Howie huber love to ...
2
votes
1answer
122 views

Reception of Acemoglu-Robinson 'extractive institutions' thesis?

Daron Acemoglu and James Robinson believe that a great deal about the economic, social, and political life of a country can be explained by the quality of political institutions, especially the degree ...
2
votes
1answer
72 views

What factors enabled the New York Journal to survive the yellow journalism wars?

The height of yellow journalism was a battle waged between the Joseph Pulitzer owned New York World, and the William Hearst owned New York Journal. However, even though these two papers boasted large ...
6
votes
2answers
179 views

Did Demosthenes complain about inflation of prices in philippics?

Did Demosthenes complain about inflation of prices in his philippics caused by Philip II of Macedon's extensive gold mining? I have heard it somewhere but I can not find any refference.
15
votes
1answer
419 views

How do Friedman and Bernanke's explanations about the causes of the Great Depression compare?

I know that both Friedman and Bernanke wrote papers (or books, in Friedman's case) about the cause of the Great Depression. How do their points of view compare and contrast?
2
votes
4answers
2k views

When Did Commerical Studio Photography Become Common?

I was looking at this Wikipedia article, History of photography, and I wondered when commercial photography studios became common place and affordable for the average person. According to the ...
2
votes
0answers
55 views

What is a common reason that Empires fall or collapse and can they be corrected? [duplicate]

Possible Duplicate: Are there any similarities in what happens when Empires collapse? The question I have is 2 fold what causes most Empires or Nations to fall other than over powered by a ...
7
votes
1answer
247 views

What was more expensive to lose in a gladiatorial fight: a gladiator or a rare animal?

We know that, aside from man-to-man combat, gladiatorial fights would often pit human gladiators against wild animals. Is there any documented historical evidence that would show what was a bigger ...
12
votes
3answers
2k views

Did anyone warn about the potential for stock market crashes in 1929, and if so why were their warnings ignored?

I can't seem to find information about economists, or others, warning about the overheated stock market of the 1920s in the US that would culminate in the stock market crashing on Black Thursday, ...
2
votes
1answer
85 views

Credible historic description of how the daily life was for the middle-class during the financial crisis of 1929 [closed]

I am trying to find out how life could change for the middle-class today if we had a high-impact financial crisis. Please help-me / let me know if this question could be rephrased better.
9
votes
1answer
217 views

What historical situation is comparable to what Europe is currently facing?

I know that this question might get closed, but I will try it, nevertheless. The reason why I am so interested in broad comparisons of historical situations with current ones, is because I believe ...