Questions tagged [economy]

Questions which concern the historical management, distribution, and usage of resources; why a particular resource, or state of production, occurred in a certain way. General economics questions are off-topic but may be welcome on our sister site Economics Stack Exchange.

Filter by
Sorted by
Tagged with
0
votes
1answer
70 views

Why did Mao use political mobilization to prevent inefficiency and slack? [closed]

China just followed the Soviet Union model and inevitably encountered the same problems that socialist countries all suffered in the 1950s and 1960s. That is the lack of incentives of people and the ...
-1
votes
1answer
233 views

Was there a Norse custom of “one keeps what one defends”?

Watching a Viking TV series this cropped up where a farmer was challenged to fight for his farm. It appears that the Norse did not have title deeds but rather relied on the sword to settle ownership ...
9
votes
0answers
126 views

How much did a sword cost in AD 1000 Constantinople?

Qualifications: Obviously, swords vary in quality. Ideally, I would like to know what a standard army issue sword would have cost, if I bought it privately. But I realised we may only be able to ...
17
votes
2answers
3k views

Can it be justified that an economic contraction of 11.3% is “the largest fall for more than 300 years”?

Today the UK Chancellor Rishi Sunak said "The OBR forecast the economy will contract this year by 11.3%, the largest fall in output for more than 300 years." This seems to me to be a very ...
1
vote
2answers
230 views

Are there post-1700 examples of large scale long term reductions in living standards? [closed]

I am looking for examples where an old person could talk of the 'good old times' and these were objectively better than the current times. Large scale meaning it affected not just individuals or a ...
9
votes
3answers
3k views

Has there ever been a case where a country adopted the currency of another country with a smaller economy?

Sometimes sovereign nations abandon their currencies (partially or fully) and adopt the currency of another state. For example, the currency of El Salvador was replaced by the United States dollar in ...
3
votes
1answer
216 views

Why is the Amazon rubber boom said to have started in 1879?

According to Amazon Rubber Boom From the beginning of the second half of the 19th century, rubber began to exert a strong attraction to visionary entrepreneurs. The activity of latex extraction in ...
3
votes
1answer
118 views

Why did Burgers' Transvaal try to build rail east?

According to shanskraal, [Thomas Burgers, president of the Transvaal Republic] considered a railway link with the non-British port of Delagoa Bay (Maputo) as essential for the economic survival of ...
2
votes
0answers
87 views

What factors accounted for the pattern of caranvanserai across Eurasia? [closed]

This is a question we had in an AP World History test last week: I was able to answer (c) correctly (improvements in sea navigation and technology caused more and more people to transition from land-...
-2
votes
3answers
314 views

What determines whether slavery is economically efficient in industrialized/modern era economies?

Various forms of slavery were nearly universal before the industrial revolution. After industrialization, it would naively seem forced labor would continue to be widespread, as there is no way to ...
1
vote
1answer
253 views

How did different asset classes perform during the Weimar hyperinflation?

I read many years ago a story about someone in Germany in the 1920s who had been tipped a US dollar immediately seeking investment advice presumably because it was so valuable. Now, this did not make ...
21
votes
4answers
559 views

Why did the USSR have two sources of currency?

An inscription on the 1, 3, and 5 rubles notes says that it is a State Treasury Note (Государственный Казначейский Билет), and that it is guaranteed by the entire property of the Union of SSR (...
2
votes
0answers
135 views

What is the oldest example of complaints against wealth being due to closeness to the ruler?

Consider the sentence “The king is the one at whose side wealth walks”. It is taken from the Babylonian Theodicy, a poem which was written somewhere between 1500 B.C. and 1100 B.C. and which is ...
6
votes
3answers
1k views

When was the last time the US had the highest GDP per capita?

I never associated the United States with the label of the richest country in the world so it greatly surprised me that according to some estimates there was a time when the U.S. had the highest ...
2
votes
1answer
298 views

Did Helsinki have higher standards of living than Saint Petersburg when it was a part of the Russian Empire?

For over a century Finland was a part of the Russian Empire. It seems that overall Finland was significantly richer than Russia proper in the early XX century (look at these estimates). Was Helsinki ...
-2
votes
1answer
56 views

What are some good references for the history of legal business entities? [closed]

I'm looking for books and articles that can elucidate how different legal business entities and types of corporate personhood came to be. I've already found the book “The Company: A Short History of a ...
3
votes
1answer
92 views

What percentage of the German population worked on gathering the harvest in 1917?

It is a well-known fact that Germany suffered from food shortage during World War I, and that there were several causes of this, including in no particular order: The blockade restricting food ...
6
votes
1answer
118 views

How did mid-19th century American legislation affect the corporate structure of railroad companies?

It is my understanding that a part of the complexity that the Standard Oil Company built up was due to the nature of US corporate legislation (while, of course, the rest was that they wanted to hide ...
3
votes
1answer
142 views

Was a drop in standards of living a significant factor in the revolutions of 1848?

A lot ink has been expended discussing the revolutions of 1848 and their causes, only a small fraction of which I have read. From my point of view, there seem to be two main schools of thought in ...
1
vote
4answers
322 views

Can we meaningfully compare the poverty levels in the USSR to those in the USA at the same time and to those in the USA today? [closed]

I was told (by people who had lived there) that the USSR had homeless people but I would guess that the levels of homelessness were much lower and in general there were far fewer desperate people due ...
1
vote
0answers
88 views

What is the oldest “commercial logo” known? [closed]

I'm writing a paper on logos, iconography and different forms of identifications for trade activities. The paper starts with history of logos, which is pretty easy and known. However, I'm wondering: ...
1
vote
0answers
43 views

Are there historical statistics about the number of market towns?

As a way to understand changes in the middle ages, I want to know the development of market towns. Particularly, I am looking for the increase in their number, organised by country and period (e.g. ...
1
vote
0answers
84 views

Why did the Lindman government choose to resign over their agricultural program?

Why did the Lindman government choose to resign over their agricultural program? Did (members of) the government expound on why they chose to take the agricultural program as a matter of confidence ...
2
votes
0answers
84 views

Are there historical problems of wealth/income inequality causing problems for empires? [closed]

I was talking to a friend who said that empires rose and fell upon wealth/income inequality. He cited the Mongols as reducing wealth inequality and the fall of Rome as increasing the inequality. It ...
11
votes
0answers
247 views

How did the Hansa organize river trade in the 14th and 15th centuries?

How did the Hansa accommodate the transition from sea to river trade along a trade route? Would river travel have been controlled by one group of people, e.g., Guild of the River Oder Merchants? Would ...
9
votes
2answers
2k views

What is Charles Babbage referring to when he talks about the 'College of Laputa'?

In On the Economy of Machinery and Manufactures, what is Charles Babbage referring to when talking about the College of Laputa in the following extract: ...Nor has the wild imagination of the ...
8
votes
1answer
503 views

Was there a contemporary understanding that 1706 was an exceptionally poor year?

This relates to the numerous (British) news items which seem to have overnight turned the present virus-induced economic downturn into a 'historic downturn'. While there are opinion-based aspects that ...
3
votes
1answer
108 views

Has any G7 country deliberately defaulted on sovereign debt to punish a certain country?

Xi Jingping said China would cancel debts to the world's least developed nations, including small island nations. China Has Forgiven Nearly $10 Billion In Debt. Cuba Accounts For Over Half. But China ...
3
votes
1answer
130 views

What were the largest companies in the world before and after the Great Depression?

The Great Depression obviously had a very severe effect on stock markets; how did this affect the world’s largest companies, by market capitalization? Were steel companies, such as U.S. Steel, ...
8
votes
2answers
430 views

What were the global economic consequences of the 1918 flu pandemic?

What were the global economic (and societal) consequences, assuming there were any, of the 1918 flu pandemic? I'm just not finding a lot of information out there talking about this particular ...
27
votes
3answers
7k views

How much did a transatlantic telegram cost in 1914?

How much did it cost to send a transatlantic telegram – if the specifics matter, say from New York to Berlin – in 1914? (Early 1914, before the war disrupted communications.) How much per word, and ...
2
votes
1answer
112 views

Would League of Nations and U.S. sanctions/trade embargo against 1930's Germany had notable consequences in Germany?

My research shows that trade between the U.S., France, and Britain with Germany during the mid 1930's was lower than it had been and was on a decline. This has lead me to ponder the following ...
6
votes
1answer
254 views

How was the Pandidakterion organised?

How was the Pandidakterion organised? Wikipedia:Pandidakterion states that the Pandidakterion lacked 'corporative structure'. I do not understant exactly what the corporative structure is and how was ...
9
votes
3answers
4k views

Could besieged medieval cities develop a micro-economy during wars to endure the siege for long time? [closed]

During the medieval age, one of the main reasons that pushed besieged cities to capitulate was the exhaustion of provisions (foods,water,drugs...) that maintain the every-day life of the city ...
4
votes
5answers
863 views

Was there car insurance in the USSR?

I can't imagine how it works in a planned economy. Does the government replace your car if you crash it? Was there no sort of insurance?
5
votes
2answers
416 views

What does this 1960 West German political cartoon mean?

I have recently seen a [caricature][1] in which a blindfolded man goes along a cliff. The caption was "The German citizen in the 1960's". I thought it may have something to do with the economy, but in ...
-3
votes
1answer
144 views

Did Industrial Revolution economic systems rely on colonies? [closed]

I have read in the Economic Nobel's prize Thomas Piketty's book the following sentence (translation is mine): "The Enlightenment movement and the Industrial Revolution were partially based on the ...
13
votes
3answers
871 views

Why are the historical large cities in the southern US not the large cities in the South today?

When you think about the large and prosperous cities in the historical Southern United States, you think of cities like Charleston, Richmond, Savannah, and New Orleans. However, when you look at the ...
2
votes
3answers
358 views

What was special in interwar Austria-Hungary?

I recently spoke with someone claiming that the tail end of the decline of the Austro-Hungarian Empire was an especially fertile breeding ground for inventors and entrepreneurs, especially in the ...
0
votes
2answers
171 views

Why did South Korea not go the same way as South Vietnam? [closed]

Currently, democratic South Korea is separated from communist North Korea, while Vietnam is united. These two countries had seemingly similar situations. Their former rulers, Japan and France ...
-5
votes
2answers
150 views

How to you reply to Henry Ford and Otto von Bismarck? [closed]

All history is bunk -- Ford All history is fairy tales rewritten by the winner of the last war -- Bismarck There is a LOT of truth to what they say. And with PhD thesis like the courtmartial of ...
2
votes
1answer
145 views

Did Robert Devereux's monopoly on sweet wine encroach upon Sir Christopher Hatton's monopoly on wine?

I know that Robert Devereux was given a monopoly on sweet wine following the death of Robert Dudley, his step-father and the previous holder of this monopoly, but I recently read that Sir Christopher ...
1
vote
0answers
117 views

How did a new Inka recover from being cut off from his inheritance?

When a reigning Inka ("Inka" is the quechua spelling, matter of preference) died, his successor was disinherited and all properties, servants and lands were split among the Inka's other offspring. The ...
6
votes
1answer
351 views

How did medieval serfs obtain their iron goods?

Serfs were farmers who paid taxes in agricultural produce and subsisted on the remainder. As I understand it, they (unlike freeholders) did not sell their produce or manufactured goods for personal ...
1
vote
2answers
422 views

Before the Civil War, did the USA ever offer something like a “5-year plan” for the South to abolish slavery?

Before the U.S. Civil War broke out, did the North ever offer any sort of gradual slavery abolishment deal to the South, instead of demanding that the South stop slavery immediately? I imagine the ...
3
votes
0answers
107 views

Are there any records of Foreign investments or Foreign Direct Investments (FDI) in history from pre-medieval or medieval period?

A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. If we look at the articles about the ...
0
votes
0answers
149 views

After the end of slavery at the closure of the US civil war, what percentage of former slaves stayed at their previous workplaces?

Upon the abolition of slavery in the USA, there were suddenly millions of former slaves set free. But they were left without an obvious workplace. On the other side, millions of jobs done previously ...
5
votes
3answers
831 views

Is it true that Nazi Germany replaced prices ending in .99 by round prices and called this “Aryan pricing”?

On a questionable website full of revisionist pro-nazi propaganda, which is not worth linking to (*), I found the following statement: Along the same lines, I remember a National Socialist ...
1
vote
4answers
901 views

Was WW2 necessary for Germany economically?

Many point to improvements in Germany's economy that took place under Hitler prior to WW2. To a certain extent, some of this must have been attributable to theft of Jewish property and the jobs in ...
0
votes
1answer
246 views

Was the introduction of paper money controversial like cryptocurrency?

I dont know much about cryptocurrency, but I know it is controversial. There are people on both sides. Is there historical evidence that paper money faced a similar thing? Were there people that ...

1
2 3 4 5
9