The Handbook of Major Events in Economic History aims to introduce readers to the important macroeconomic events of the past two hundred years. The chapters endeavour to explain what went on and why during the most significant economic epochs of the nineteenth, twentieth and early twenty-first centuries and how where we are today fits in this historical timeline. Its short chapters reflect the most up-to-date research and are written by well-known economists who are authorities on their subjects.
The Handbook of Major Events in Economic History was written with the intent of presenting the professional consensus in explaining the economics driving these historical events.
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ix | |
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xii | |
Notes on contributors |
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xiv | |
Preface |
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xxiii | |
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PART I World War I and the pre-World War I era |
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1 | (102) |
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1 Symmetry and repetition: patterns in the history of the Bank of the United States |
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3 | (12) |
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2 The banking panic of 1873 |
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15 | (9) |
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3 Gold resumption and the deflation of the 1870s |
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24 | (8) |
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32 | (8) |
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40 | (10) |
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50 | (17) |
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7 The founding of the Federal Reserve System |
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67 | (10) |
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77 | (11) |
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9 The classical gold standard |
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88 | (15) |
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PART II The interwar era and World War II |
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103 | (98) |
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105 | (14) |
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11 The 1929 stock market crash |
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119 | (8) |
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12 Britain's withdrawal from the gold standard: the end of an epoch |
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127 | (11) |
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138 | (13) |
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14 The microeconomics of the New Deal during the Great Depression |
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151 | (14) |
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15 The macroeconomic impact of the New Deal |
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165 | (14) |
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16 Monetary policy during the Great Depression |
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179 | (12) |
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191 | (10) |
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PART III Post-World War II era |
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201 | (164) |
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203 | (11) |
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19 The riots of the 1960s |
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214 | (9) |
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20 The great inflation of the 1970s |
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223 | (16) |
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239 | (27) |
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22 The 1970s: the decade the Phillips Curve died |
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266 | (9) |
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23 The rise and fall of the Bretton Woods System |
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275 | (8) |
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24 Disinflation, 1979-1982 |
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283 | (10) |
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293 | (10) |
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303 | (13) |
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27 The bubble burst and stagnation of Japan |
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316 | (14) |
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28 The demise of the Soviet Union |
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330 | (20) |
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29 Development of trade institutions and advent of globalization since the end of World War II |
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350 | (15) |
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PART IV The contemporary era |
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365 | (78) |
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367 | (11) |
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31 The financial crisis of 2007-2009 |
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378 | (11) |
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32 Monetary policy in 2008 and beyond |
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389 | (13) |
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33 Retail innovations in American economic history: the rise of mass-market merchandisers |
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402 | (13) |
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415 | (13) |
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35 Government debt, entitlements, and the economy |
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428 | (15) |
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Index |
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443 | |
Randall E. Parker is Professor of Economics at East Carolina University, USA.
Robert Whaples is Professor of Economics at Wake Forest University, USA. .