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
485 views

Based on historical experience what would happen if/when the USA/EU fell? [closed]

In this video the guy talking mentions that when empires fall. Governance tends to become more local and smallscale(warlords, feudal lords etc) because threats tend to become smallscale and local. And ...
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 ...
23
votes
7answers
5k views

Why did the United Kingdom industrialize first?

What factors made the United Kingdom the first to industrialize? Was it simply the importance and benefit of its position in the global community for trade?
13
votes
2answers
465 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 ...
5
votes
2answers
172 views

What were the first “Big Banks” in the United States?

The large financial institutions of the world have dominated the news cycle for the past few years, and it got me thinking, what were the first large banks in the US? I am interested in hearing about ...
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 ...
27
votes
5answers
10k views

How did Nazi Germany finance itself during WW2?

How did Nazi Germany finance itself during the war? They produced a large amount of war material during 1939-1945, but how was this production financed? What were Germany's revenue streams that ...
6
votes
2answers
172 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.
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, ...
25
votes
1answer
1k views

Did the end of the British Raj in India create an economic loss for Britain?

I know the economic downturn of the World War and the victory of the Labour Party played some role in Britain deciding to quit India. Did GB have any serious economic implications because of this? ...
10
votes
4answers
1k 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?
15
votes
1answer
37k views

What was the economic impact of WW1 on USA's economy?

It's well known that WW2 had a greatly positive impact on American economy. Up to the point of certain historians being sure that, if not for WW2, FDR would have had a major economic problems on his ...
7
votes
1answer
241 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 ...
7
votes
1answer
278 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 ...
13
votes
1answer
225 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?
9
votes
5answers
526 views

What was the worst economic crisis of all times?

I am interested in reading about the worst economic crisis of all times. By that I mean the largest reduction in GDP over a period of at least a year. The economic crisis should not have been caused ...
10
votes
2answers
181 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
352 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 ...
2
votes
1answer
84 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.
14
votes
2answers
7k 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
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 ...
19
votes
4answers
4k views

When and where was salt as valuable as gold?

I have often heard that gold and salt were sometimes considered of equal value. When and where did that occur?
11
votes
2answers
742 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, ...
11
votes
3answers
3k views

How heavily were the British taxing their American colonies?

The British levied several taxes on the American Colonists (13), which were at least part of the reason for the American Revolution. Were the British taxing the 13 colonies for more money than was ...
17
votes
2answers
940 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
2k 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
1k 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 ...
17
votes
1answer
369 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
539 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 ...
9
votes
7answers
398 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 ...
15
votes
1answer
412 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
224 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, ...