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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6
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3answers
479 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
votes
2answers
160 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 ...
5
votes
2answers
126 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
votes
4answers
878 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
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 ...
4
votes
2answers
173 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? ...
24
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? ...
7
votes
1answer
83 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
votes
1answer
213 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 ...
7
votes
1answer
196 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
votes
7answers
586 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
votes
3answers
345 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
votes
3answers
319 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
votes
1answer
155 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 ...
-1
votes
2answers
61 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
votes
3answers
344 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
votes
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
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?
6
votes
0answers
45 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 ...
18
votes
3answers
3k 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
votes
1answer
127 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
votes
1answer
56 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
votes
2answers
85 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 ...
25
votes
5answers
8k 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 ...
3
votes
4answers
522 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
votes
2answers
197 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
votes
0answers
58 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 ...
4
votes
5answers
274 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
vote
0answers
75 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
vote
0answers
78 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
votes
1answer
48 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
votes
3answers
214 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
votes
3answers
164 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 ...
28
votes
6answers
931 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
votes
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? ...
10
votes
4answers
2k 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 ...
2
votes
0answers
42 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 ...
1
vote
0answers
20 views

Land concentration in Columbia

I am looking for elaboration for the following passage, which I found in Wikipedia: "In 1968 and 1969 alone, the INCORA issued more than 60,000 land titles to farmers and workers. Despite this, ...
5
votes
2answers
132 views

Was COMECON involved in economic imperialism and if so, to what extent?

Disclaimer: I am not 100% sure if it was COMECON, it might be another Soviet apparatus. I recall reading about how the Soviet Union forced her Eastern European satellites into very lucrative and ...
0
votes
2answers
232 views

Was slavery economically most efficient system in the ancient/agricultural era? [closed]

I mean slavery in ancient civilizations, for example Greece, Rome, Egypt. Not considering moral aspects at all, but considering economic reasons and agricultural nature of economic activity.
3
votes
2answers
67 views

Why did overestimated coins led to inflation and well-estimated coins to deflation?

It is said in Debt, the first 5,000 years by David Graeber (chapter 4, note 2) that when the value of metal coins represented exactly their weight, the result was deflation. The author says that when ...
2
votes
0answers
21 views

Ratio of commerce to residence in preindustrial towns

Is there any research that has attempted to estimate the ratio of commerce to residence, or of shopkeepers to residents in other trades, for preindustrial towns? Or are there old census sources where ...
-1
votes
3answers
323 views

Why only in the last few hundred year has science and technology progressed like it has [closed]

Man has been on the Earth for millions of years. But in only the last few hundred years, science has made major advances: the average life expectancy expanded, electronics, transistors, ...
6
votes
2answers
514 views

Did Roosevelt's New Deal lift the U.S. out of the depression or did it actually prolong the Depression and cripple American capitalism? [closed]

While the New Deal did much to lessen the worst affects of the Great Depression, its measures were not sweeping enough to restore the nation to full employment. Critics of FDR's policies, on ...
11
votes
2answers
193 views

Are there instances where collective farming has actually brought benefit to the population

I was reading a few articles about population growth and famines and thereby discovered that some of the recent famines where caused by government policies, among which I read at least twice (USSR and ...
15
votes
1answer
33k 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 ...
4
votes
0answers
42 views

Origin of land-lottery system

A report from 1894 describes the Musha'a land tenure system in the Arab villages of Palestine: the agricultural lands of the village are considered common property, and they are divided each year ...
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 ...
7
votes
2answers
1k views

Were soldiers in the World Wars paid?

There have always been professional soldiers however during the world wards there were vast conscription to encourage young men to join up for "King and Country". Presumably there was some sort of ...
3
votes
1answer
190 views

What were the business models of real estate development in ancient Rome?

I just watched Mary Beard's documentary about the Romans. One thing I'm curious about is that some of the models of living of the Romans seemed to be quite similar to today's: e.g. that there were ...