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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.