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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17
votes
2answers
801 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 ...
6
votes
3answers
1k views

What was the reason for inflation in Britain after the Black Death?

According to the Wikipedia article Ordinance of Labourers 1349 During this outbreak [of Black Death], an estimated 30-40% of the population died. The decline in population left surviving workers ...
14
votes
4answers
925 views

Was the Roman Empire based on a 'plunder economy'?

It has been stated by Arnold J. Toynbee and James Burke that: The economy of the Empire was a Raubwirtschaft or plunder economy based on looting existing resources rather than producing anything ...
16
votes
1answer
307 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 ...
20
votes
3answers
440 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 ...
8
votes
7answers
327 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 ...
14
votes
1answer
399 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?
18
votes
4answers
202 views

How would you accurately use older British currencies when writing a story?

For writing a story set in Napoleonic Wars era, how should one use the currencies accurately? I read in novels they use currencies like shilling, pound, guinea, sovereign, four (or six-, etc) pence, ...