Clark, G. European Economic History since 1700

Professor Gregory Clark                              Fall 1990-91
Rm 354 Kerr Hall                                     MWF 9-10
Phone: 752-9242                                      Chem 166
Office Hours: M 1-3, F 10-11



           ECONOMICS 110B EUROPEAN ECONOMIC HISTORY SINCE 1700

Description
     Economics 110B covers the Economic History of Europe and its
dependence from the Industrial Revolution to the twentieth
century.  The course focuses on the causes of economic
development in Europe, and the economic forces shaping social
institutions in various periods.  It does not give a detailed
economic history of particular national economies within Europe.


Requirements
     The requirements are two brief in-class mid-terms and a
final exam.  The Mid-terms will be on Friday Oct. 29, and Friday
Nov. 30.  The final is on Thursday Dec. 13, 4-6.  The weights are
25% for each mid-term and 50% for the final.


Readings
     There is no required book for the course.  Instead there is
a package of readings which is available at Navins and will be on
reserve in Shields Library.



OUTLINE AND READINGS

I.  ECONOMIC GROWTH IN THE ADVANCED COUNTRIES
 
1.  Introduction: Possible Sources of Economic Growth

    No readings.


2.  Sources of Growth Since the Industrial Revolution

Hobsbawm, E. J. (1968), Industry and Empire, 23-78.
Floud, R. and D. N. McCloskey (1981),  The Economic History of 
     Britain Since 1700, Vol. I, 103-127.
Baumal et al (1989), Productivity and American Leadership, 9-28,
     163-194.
Gregory and Stuart (1986), Soviet Economic Structure and
Performance, 321-431.


3.  Productivity Growth

1.  Property Rights

North, Douglass and R. P. Thomas (1973), The Rise of the Western
     World, 1-8.
North, Douglass and Barry Weingast (1989), "Constitutions and 
     Commitment," Journal of Economic History, 803-832.
Mantoux, Paul (1928), The Industrial Revolution of the Eighteenth
     Century, 399-409.

2.  Property Rights: examples from Agriculture

Hoffman, Philip (1988), "Institutions and Agriculture in Old 
     Regime France," Politics and Society, 16, 241-264.
Cohen, Jon and Martin Weitzman, "Enclosures and Depopulation: A 
     Marxian Analysis," in W. N Parker and E. L. Jones (Eds.),
     European Peasants and their Markets, 161-178.

3.  Social Structure

Goldstone, J. (1987), "Cultural Orthodoxy, Risk, and Innovation:
     the Divergence of the East and West in the Early Modern
     World," Sociological Theory, 119-135.











4.  England versus France

Crouzet, F. (1966), "England and France in the Eighteenth
     Century:  A Comparative Analysis of Two Economic Growths,"
     139-174.
Crafts, N. F. R. (1977), "The Industrial Revolution in England
     and France:  Some Thoughts on the Question, "Why Was England
     First?" Economic History Review, 429-441.


4.  Accumulation

Baumal et al (1989), Productivity and American Leadership, 163-
     194.


5.  Population and Economic Growth

Schultz, T. Paul (1981), Economics of Population, 9-33.
Hall and Ogden (1983), Europe's Population in the 1970s and
     1980s, 3-23.

6.  Exploitation and Economic Growth

O'Brien, Patrick (1982), "European Economic Development:  the
     Contribution of the Periphery," Economic History Review,
     1-18.


II.  DIFFUSION OF ECONOMIC DEVELOPMENT

1.  India

Marx, Karl (1853), "The Future Results of British Rule in India,"
     New York Daily Tribune, August 8. 
     Charlesworth, Neil (1982), British Rule and the Indian
     Economy, 32-43, 56-67.

2.  General Theories

Easterlin, Richard (1981), "Why Isn't the Whole World Developed?" 
     JEH, 1-21.
Clark, Gregory (1987), "Why Isn't the Whole World Developed? 
     Lessons from the Cotton Mills," JEH, 141-174.










III.  CONSEQUENCES OF ECONOMIC GROWTH

1.  Factory Discipline

Clark, Gregory (1989), "Factory Discipline and Self-Control:  The
Rise of the Factory in the Nineteenth Century," (manuscript).


2.  Government

Lindert, Peter (1989), "Modern Fiscal Redistribution,"
     (manuscript) 


3.  Big Business

Utton (1983), The Political Economy of Big Business, 19-68.


IV.  MACROECONOMIC DEVELOPMENTS

1.  Monetary Instability

Guttman and Meehan (1979), The Great Inflation, 3-87, 159-172,
     203-223.

2.  The Great Depression

Hamilton, James (1988), "The Role of the Gold Standard in
     Propagating the Great Depression," Contemporary Policy
     Issues, 67-89.

Eichengreen, Barry (1988), "Did International Forces Cause the
     Great Depression?"  Contemporary Policy Issues, 90-114.