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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8
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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
670 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
757 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
68 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
147 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
3k 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
484 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
70 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
132 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
120 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
71 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
169 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.
14
votes
1answer
404 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
54 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 ...
12
votes
2answers
405 views

Why did the British not introduce the sterling in India?

The question is about the adoption of currency during imperialist rule. Why did the British persist with the local currency, the rupee? What impediments did the British face in implementing the ...
6
votes
1answer
214 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 ...
11
votes
3answers
1k 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, ...
9
votes
3answers
753 views

How did New York become the financial hub of America?

Why did New York become the financial hub of America, rather than one of the other big cities?
2
votes
1answer
83 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.
12
votes
1answer
6k views

What was the actual value of tea destroyed during the Boston Tea Party?

I'd like to know 2 or 3 of the following 3 metrics: Actual value in the currency of the time (yes I realize that there were local currencies and in general FX concept was... hard to do). NPV ...
9
votes
1answer
203 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 ...