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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2answers
57 views

Germany's “Economic Miracle”

I heard, but cannot verify, that some economists call what Hitler did for Germany's an "economic miracle." This claims Hitler removed Jews from key financial positions, circumventing their equivalent ...
9
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2answers
199 views
+100

How wealthy was Singapore at its independence (1965)?

According to this article Is Singapore the Perfect Country for Our Times? Singapore's defining achievement is summed up in the title of its longtime leader Lee Kuan Yew's memoir, From Third ...
6
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3answers
279 views

Why was the government expenditures of the Roman Empire very low compared to modern governments?

I was trying to compare the military spending of the Roman empire in the 1st century with modern military spending and how much of a burden that was to Roman people. The Wikipedia page of the ...
2
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2answers
118 views

Russian war reparations from Germany post WW2 [closed]

Is there any record of negotiations(if any), regarding war reparations from Germany to Russia following WW2, if there were reparations paid by Germany to Russia following WW2, do they have an impact ...
8
votes
2answers
165 views

Medieval farmer's metal tools

What metal woodworking tools should I expect to find in the household of a 14th century well-off peasant farmer from Hampshire? (Answering more broadly is acceptable, but it might help to give this ...
19
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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?
5
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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 ...
27
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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 ...
12
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4answers
4k views

What did Germany do after World War II to recover so successfully that it became more prosperous than its WW2 victors?

Germany lost in World War II. Being the loser, its economy started at a disadvantage compared to her World War II victors in the aftermath of WW2. However, Germany managed to recover more ...
6
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3answers
1k views

How rich were carpenters in the Roman province of Iudaea in the 1st century AD?

According to the Biblical account, Jesus was the son of a carpenter, Joseph of Nazareth (Matthew 13,55). Apparently carpenters were not among the wealthy. Be that as it may, how rich could a ...
7
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3answers
329 views

During 1790-1800, was it legal to pay workers using whiskey?

As is well known, in frontier regions whiskey was regarded as an indispensable necessity to life, health and happiness, at the point that it usually had to substute for specie as a medium of exchange: ...
7
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2answers
308 views

Examples of censorship causing economic decline [closed]

I am writing a blog post about knowledge banning, either by state censorship or by self-imposed censorship, like the US Comics Code Authority of the 20th century. My focus is moral censorship, ...
2
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3answers
232 views

Was the Stock Market Crash of 1929 a cause or result of the Great Depression?

Did the Stock Market Crash of 1929 effectively cause the Great Depression, or were there economic factors already in place at that time such that the Greet Depression would have happened anyway, and ...
14
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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 ...
1
vote
1answer
198 views

How did Asian Americans manage to become richer than an average American? [closed]

By "richer" I mean higher median income. Large-scale immigration of Asians to the United States began in the 19th century. In the beginning, most of them were poorer than an average American. ...
5
votes
1answer
271 views

How did the Germans get homes again after WWII?

After a large number of homes were destroyed in the war, how did the average German become a homeowner again? I know about the Marshall Plan, but this question does not refer to how the economy in ...
11
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2answers
1k views

How was security on the Silk Road between China and the West maintained?

From the 2nd century BC to the beginning of the 15th century the Silk Road (or more correctly roads, as there were alternative routes) was the primary trade route between China and the West. One ...
10
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2answers
206 views

The effect of the Panic of 1837 on financial/banking policy

Were there any direct or immediate financial/banking policies made because of this recession? I've read that a combination of factors helped get America out of the Panic, but it never mentioned a ...
7
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2answers
201 views

What is the largest overnight depreciation?

What is the largest overnight currency depreciation? How large, which currency and when? When examining historical records of currency depreciation, it is helpful to have a better understanding of ...
10
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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?
11
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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 ...
4
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2answers
188 views

What is the first example of a Western government passing a sin tax?

What is the first example of a Western government passing a sin or vice tax -- that is, a tax passed primarily to discourage consumption of certain goods due to moral, not economic, concerns? ...
25
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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? ...
8
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1answer
122 views

Inflation Rate in Spain and Portugal during 16th century

What was the yearly/monthly inflation rate in Spain and Portugal during 16th century? Is there data for the amount of silver or gold possessed by the crowns during that period? How much did it ...
7
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1answer
246 views

Was slavery really on the way out in the antebellum USA?

Gail Jarvis, in an encomium to the Dunning School writes: William A. Dunning fervently opposed slavery but his reading of the trends of the times led him to the conclusion that the institution ...
8
votes
1answer
272 views

Impact of the Berlin Wall to GDR

"No one has the intention of erecting a wall!" - Walter Ulbricht, June 15,1961. The Wall was erected anyway, because more than 2.6 million East Germans escaped to West Berlin or West Germany from ...
8
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7answers
663 views

How close were the living standards of India compared to England during the medieval period?

India, China and the African continent today are mostly associated with poverty in Europe, the US and so on. Looking at India specifically, did it during the medieval era share a similar standard of ...
12
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3answers
358 views

What was the size of surface of a cereal crop needed per man per year during the Dark Ages in Western Europe?

If I'm a peasant during the dark ages, what surface (in meters (<- I am in advance on my time)) I need to farm to get enough cereal (for bread and brew) ? how many cereals (in kg (<- again, I'm ...
8
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3answers
450 views

Why was gold so popular and valuable back when it did not have many real world uses?

I'm talking about back when it was first starting to get discovered, like 2000 B.C. (roughly). Gold was being used for coins, jewellery and more. It was a very well known commodity and accepted ...
2
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1answer
202 views

How did Yugoslavia economically survive the Cold War

During the time of Cold War, both USA and USSR have a program to help their allied country economically. For USA, they have a policy called "Marshal Plan" which is aimed to support democratic country ...
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2answers
65 views

What is it called when a Corporation purchases the rights to something to prevent it's production, to increase profit [closed]

What is it called, when a Large Business or Corporation sees that some product, invention, or medicine will destroy or reduce the size of their market or consumer base; and they either purchase the ...
2
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3answers
351 views

When did the majority of Americans stop living on farms? [closed]

I know defining a farm is tricky. I will, of course, take any definition available. If I could pick, I would say that if there is one person working full-time outside of a household, that household is ...
7
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3answers
2k views

What is the current U.S. monetary standard? [closed]

Despite my greatest efforts, I could not find any information about what standard the U.S. is using at this time. Apparently, we used to be on a gold standard. What about now? Do we even have a ...
23
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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?
6
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0answers
55 views

What was the Nove / Millar debate, how is it important to the historiography of the Soviet Union?

The Nove / Millar debate was a debate amongst economic historians in the 1970s, where the Western understanding of Soviet economic development in the 1920 and 1930s was seriously revised. In ...
5
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1answer
158 views

Did the Nazis have any unique or especially effective economic policies?

The Nazi rule in Germany is associated with (among many, many other things) a sudden and powerful economic resurgence. This is especially impressive since it happened in a country that was ...
3
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1answer
66 views

Power over the centuries: spiritual vs. political vs. economic

I recently attended a presentation on the shift in power over the centuries. The speaker argued that ... the power in the middle ages was in the churches, i.e., the priests and, thus, in the ...
3
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2answers
89 views

What is “the dead credit”?

I was reading the Wikipedia page for the Polish Lithuanian Commonwealth and this picture was featured to demonstrate the diverse society. It is propably a parody of various pictures called ...
3
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4answers
564 views

Does History confirm that prosperity, capitalism, and some form “democracy” or representative republican form of government always go hand in hand?

Many historians, politicians and economists find a link between the economic success of a nation and its form of government. For example, the idea that the USA's form of government was responsible ...
11
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2answers
225 views

Were US exports in the early 1800s paid for with metal or with paper?

In the early 1800s, when people in the US exported goods to Europe, how were those goods paid for? What did the buyers actually send back on ships crossing the Atlantic to pay for the goods? I can ...
5
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0answers
59 views

What property relations existed between peasants and those who took from peasants in early Ottoman rule in Anatolia?

What property relations existed between peasants and those who took from peasants in early Ottoman rule (1300-1450) in Anatolia? How was social surplus extracted from peasants, by who, with what ...
5
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5answers
290 views

Historical examples of energy wars

Energy sources and resources like oil and coal are vital for the survival of modern civilizations. Are there any good historical examples of wars, or low intensity armed conflicts, over the control ...
1
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0answers
79 views

Have economic sanctions prevented or inhibited wars? [closed]

The current escalation of armed conflicts and the complex geopolitical landscape keeps me thinking on how to avoid future wars. The only long term definitive solution I could think of is replacing ...
1
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0answers
91 views

How did people from pre-industrialization era perceive “success in life”? [closed]

My assumption is that the industrial revolution had contributed to the current generally-held understanding of "success in life": go to prestigious university, get a good job, make good money. Now, ...
3
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1answer
51 views

How did the Abbey of Cluny derive revenue from William of Aquitaine's hunting preserve?

My understanding is that traditionally most monasteries were extensions of the Roman villa system, owning land and the labor of the attached peasants -- the same economic basis as the aristocracy. ...
4
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3answers
243 views

How did an input of resources in 16th century Spain contribute to inflation?

My history book claims that the flow of Silver from the New World to Spain in the 16th century contributed to an inflation. However, that seems very unintuitive. How could gaining resources lead to a ...
5
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3answers
215 views

Was there really a labor shortage in the USA until 1970?

After watching several video lectures made by Richard D. Wolff I noticed he frequently draws historical events as evidence to base his arguments on. One thing he mentions frequently (in several ...
29
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6answers
984 views

Has a state ever “attacked” another one by printing fake money?

Has any state ever performed an "economic attack" against another state, by printing fake money of the victim's currency? Or, is it known if someone ever considered doing it, and which were the ...
13
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2answers
2k views

Gap between poor and rich in the Roman Empire

Was the difference in purchasing power between the poor and the wealthy in the Roman Empire, greater than or less than than the difference between rich and poor people in modern western economies? ...
2
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0answers
45 views

How were FDR's economic policies as Governor of New York contradictory?

I have read in a number of Roosevelt's biographies that as Governor of New York, Roosevelt was not so aware of how economics works. He recognized that radical change was needed to respond to the Great ...