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Journal Article
Review essay on Second Thoughts: Myths and Morals of U.S. Economic History by Donald N. McCloskey(editor), 1993
King, B. Frank (1994-09)
Economic Review , Volume 79 , Issue Sep , Pages 24-28

Journal Article
Review essay on an economist's perspective on history. Institutions, Institutional Change, and Economic Performance by Douglass C. North, 1990
Krikelas, Andrew C. (1995-01)
Douglass North earned a share of the 1993 Nobel prize for economics for two decades of research that culminated in the development of an innovative framework for analyzing economic history. This review essay discusses the book that most comprehensively presents North's paradigm, which characterizes history as the record of an evolving game in which institutions, organizations, and individuals function as the rules, teams, and players. Through examples, the reviewer illustrates how North's game theoretic paradigm can serve not only as a tool for analyzing historical events but also as a ...
Economic Review , Volume 80 , Issue Jan , Pages 28-32

Journal Article
Review essay on Capital Ideas: The Improbable Origins of Modern Wall Street by Peter L. Bernstein
Cunningham, Thomas J. (1993-05)
Economic Review , Issue May , Pages 47-51

Journal Article
Wildcat banking, banking panics, and free banking in the United States
Dwyer, Gerald P. (1996-12)
Banks in the United States issued currency with no oversight of any kind by the federal goverment from 1837 to 1865. Many of these banks were part of "free banking" systems with no discretionary approval of entry into banking, and these banks issued notes that were used for payments in transactions just as Federal Reserve notes are today. There was no central bank or goverment insurance, and the ultimate guarantee of the value of a bank's notes was the value of the bank's assets. As the author indicates, these banknotes have similarities to some forms of electronic money. ; Free banking in ...
Economic Review , Volume 81 , Issue Dec , Pages 1-20

Journal Article
Modern economic growth and recent stagnation
Dwyer, Gerald P.; Tamura, Robert; Baier, Scott L. (2003-07)
During the past 200 years, most countries have entered a period of modern economic growth-consistent increases in output, input, and productivity per worker that were rare in previous centuries. Even so, a few regions of the world have experienced stagnant or falling living standards in recent years, which some have interpreted as typical of modern economic growth in the last two centuries. ; Using data for most countries in the world since the 1800s and early 1900s, the authors find that (1) economic growth has improved the lives of people all around the world compared to those of their ...
Economic Review , Volume 88 , Issue Q3 , Pages 45-62

Journal Article
History of inflation shows reforms necessary for long-term solution
anonymous (1994-04)
Economics Update , Issue Apr , Pages 5

Conference Paper
Innovation and economic growth
Epstein, Eugene (1984)
Proceedings

Working Paper
International money and common currencies in historical perspective
Lothian, James R.; Dwyer, Gerald P. (2002)
The authors review the history of international monies and the theory related to their adoption and use. There are four key characteristics of these currencies: high unitary value; relatively low inflation rates for long periods; issuance by major economic and trading powers; and spontaneous, as opposed to planned, adoption internationally. The economic theory of the demand for money provides support for the importance of these characteristics. The value of a unit is arbitrary for a fiat money, but the other characteristics are likely to be important for determining any fiat money that will ...
FRB Atlanta Working Paper , Paper 2002-7

Conference Paper
Which marbles?: comments on "Losing our marbles in the new century? The great rebalancing in historical perspective" by C. M. Meissner and A. N. Taylor
Helliwell, John F. (2006)
Meissner and Taylor do a splendid job of making the history of the last great globalization relevant to the current great rebalancing. In their admirably understated way, they have argued that there is no credible evidence supporting the status quo, and have shown that the savings and investment patterns that mark today's US current account deficit pose more problems for adjustment than were faced when the offshoot countries reversed their current account deficits so painlessly a century ago. I agree with them on both counts, and have learned much from their evidence and explanations.
Conference Series ; [Proceedings] , Volume 51

Conference Paper
Losing our marbles in the new century?: the great rebalancing in historical perspective
Meissner, Christopher M.; Taylor, Alan M. (2006)
We focus on the two eras of globalization: ?then? (the period 1870 to 1913) and ?now? (the period since the 1970s). We look at the special position in the global macroeconomy of the hegemons in each era: Britain then, and the United States now. And adducing historical data to match what we know from the contemporary record, we proceed in the tradition of New Comparative Economic History to see what lessons the past might have for the present.
Conference Series ; [Proceedings] , Volume 51

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