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Economics 210b Readings: Spring 1998

J. Bradford DeLong
delong@econ.berkeley.edu
http://www.j-bradford-delong.net/


It looks as though the entire semester will ahve to be pushed back a class--as of Tuesday morning, the reader was not finished...


A. The Industrial Revolution and Before

0. Wednesday Jan 21: Sigh. We missed our introductory week...

 

I. Wednesday Jan 28: Modes of Production and Growth. Reading Notes

Michael Kremer, "Population Growth and Technological Change: One Million B.C. to 1990," Quarterly Journal of Economics 108 (August 1993), pp. 681-716. HB1 .Q3 *
Karl Marx and Friedrich Engels, The Communist Manifesto, in Robert C. Tucker, ed., The Marx-Engels Reader 2nd ed. (New York: W.W. Norton, 1978), pp. 469-500. HX39.5 .M374 1978
Robert Brenner, "Property Relations and the Growth of Agricultural Productivity."
Jared Diamond, Guns, Germs and Steel: The Fates of Human Societies (New York: Norton, 1997), pp. 13-17, 104-130, 210-64. HM206 .D48 1997.

Massimo Livi-Bacci, A Concise History of World Population (Oxford: Blackwell, 1992), pp. 30-136. HB 81 .L56513 1992 *

 

II. Wednesday Feb 4: Commercial Revolutions. Reading Notes

J. Bradford DeLong and Andrei Shleifer, "Princes and Merchants: City Growth Before the Industrial Revolution," Journal of Law and Economics 36 (October 1993), pp. 671-702. K1 .J6 *
David Landes, Revolution in Time (Cambridge: Harvard University Press, 1982), pp. 1-82. TS542 .L24 1983.
Jan de Vries, "The Industrious Revolution and the Industrial Revolution," Journal of Economic History 54 (1994), pp. 249-70. HC10 .E39H25. *
Eric Jones, The European Miracle (New York: Cambridge University Press, 1981), pp. 45-70, 85-126, 202-222. HC240 .J571 1987.
Carlo Cipolla, Before the Industrial Revolution (New York: Norton, 1980), pp. 143-9, 167-92, 220-96.

 

III. Wednesday Feb 11: Why England?: The Making of the Industrial Revolution. Reading Notes

N.F.R. Crafts, British Economic Growth during the Industrial Revolution (Oxford: Oxford University Press, 1985), pp. 1-47, 70-114, 141-77. HC254.5 .C73 1985.
Peter Temin, "Two Views of the Industrial Revolution," Journal of Economic History 57 (March 1997), pp. 63-82. HC10 .E39H25. *
Gregory Clark, "Agriculture and the Industrial Revolution," in Joel Mokyr, ed., The British Industrial Revolution: An Economic Perspective (Boulder: Westview Press, 1993), pp. 227-266.
David Mitch, "The Role of Human Capital in the First Industrial Revolution," in Joel Mokyr, ed., The British Industrial Revolution: An Economic Perspective (Boulder: Westview Press, 1993), pp. 267-308.
Joel Mokyr, "Editor's Introduction," in Joel Mokyr, ed., The British Industrial Revolution: An Economic Perspective (Boulder: Westview Press, 1993), pp. 1-131.

 

IV. Wednesday Feb 18: Measuring Long-Run Economic Growth. Reading Notes

William Nordhaus, "Do Real Output and Real Wage Measures Capture Reality? The History of Lighting Suggests Not," in Timothy Bresnahan and Robert Gordon, eds., The Economics of New Goods (Chicago: Unversity of Chicago, 1997), pp.29-70), with comment from Charles Hulten.
Edward Bellamy, Looking Backward (New York: Penguin), pp. 35-150.
Simon Kuznets, "The Meaning and Measurement of Economic Growth," in Barry Supple, ed., The Experience of Economic Growth (New York: Random House, 1963), pp. 52-67. *


B. The Global Economy of the Gold Standard

V. Wednesday Feb 25: The Late Nineteenth Century: The First Global Economy

Kevin O'Rourke and Jeffrey G. Williamson, Globalization and History: The Evolution of a Nineteenth Century Global Economy (forthcoming), chapters 1, 2, 3, 7-10.
Gregory Clark, "Why Isn't the Whole World Developed?: Lessons from the Cotton Mills," Journal of Economic History 47 (1987), pp. 141-74. *
Michael Edelstein, "Foreign investment and accumulation, 1860-1914," Roderick Floud and Deirdre McCloskey (1994), The Economic History of Britain since 1700, 2nd ed. (Cambridge: Cambridge University Press), pp. II:173-196.

 

VI. Wednesday Mar 4: The Gold Standard: Managing the First Global Economy

Barry Eichengreen, Golden Fetters: The Gold Standard and the Great Depression (Oxford: Oxford University Press, 1992), ch. 2, pp. 29-66.
Barry Eichengreen, Globalizing Capital: A History of the International Monetary System (Princeton: Princeton University Press, 1996), pp. 3-6, 7-44.
David Hume, "On the Balance of Trade," in Barry Eichengreen and Marc Flandreau, eds., The Gold Standard in Theory and History 2nd ed. (Routledge: London, 1997), pp. 33-43.
Robert Triffin, "The myth and realities of the so-called gold standard," in Barry Eichengreen and Marc Flandreau, eds., The Gold Standard in Theory and History 2nd ed. (Routledge: London, 1997), pp. 140-160.

 

VII. Wednesday Mar 11: Resisting the First Global Economy: Socialism, Fascism, and Militarism

Peter Temin, "Nazi and Soviet Economic Planning in the 1930s," Economic History Review 44:4 (November 1991), pp. 573-93. *
Karl Marx, Wage Labor and Capital, pp. 203-217 of Robert C. Tucker, ed., The Marx-Engels Reader 2nd ed. (New York: W.W. Norton, 1978).
George Orwell, The Road to Wigan Pier (London: HBJ, 1958), pp. 5-118.
Richard Ericson, "The Classical Soviet-Type Economy", Journal of Economic Perspectives5:4 (1991), pp. 11-27. *

 

VIII.Wednesday Mar 18: Reconstruction After WWI: The Ideology of the Gold Standard

J.M. Keynes, Essays in Persuasion (New York: Norton, 1963), 181-219, 244-70.
J.M. Keynes, Monetary Reform (New York: Harcourt, Brace and Co., 1924), pp. v-vi, 3-69, 81-95, 152-191.
Barry Eichengreen, Golden Fetters: The Gold Standard and the Great Depression (New York: Oxford University Press, 1992), pp. 3-28, 67-124.


C. The Great Depression and Its Consequences

IX. Wednesday Apr 1: The Great Depression

Barry Eichengreen, Globalizing Capital: A History of the International Monetary System (Princeton: Princeton University Press, 1996), pp. 45-92.
Robert Margo, "Interwar Unemployment in the United States," in Barry Eichengreen and T.J. Hatton,eds., Interwar Unemployment in International Perspective (Boston: Kluwer, 1988), pp. 325-52.
Peter Temin, Lessons from the Great Depression (Cambridge: MIT, 1989), p. 1-87.
J.M. Keynes, Essays in Persuasion (New York: Norton, 1963), pp. 118-80.

X. Wednesday Apr 8: The Coming of the Social Insurance State

Paul Johnson, "The welfare state" in R. Floud and D. McCloskey, The Economic History of Britain since 1700, 2nd ed., pp. III-284-317.
Peter Hall, ed., The Political Power of Economic Ideas, pp. 3-128.

XI. Wednesday Apr 15: The New Industrial Economy: Factories and Firms

Alfred Chandler, Scale and Scope (Cambridge: Harvard, 1990), pp. 1-46, 593-620.
David Hounshell, From the American System to Mass Production (Baltimore: Johns Hopkins, 1984), pp. 217-262, 303-330.


D. The Great Keynesian Boom, and After

XII. Wednesday Apr 22: After WWII: Present at the Creation

Barry Eichengreen and Brad DeLong, "The Marshall Plan: History's Most Successful Structural Adjustment Program," in Dornbusch, Layard, and Nolling, eds., Postwar Economic Reconstruction and Lessons for the East Today (Cambridge: M.I.T. Press, 1993), pp. 189-230. *
Charles Maier, In Search of Stability (Cambridge: Cambridge University Press, 1987), pp. 121-83.
Alan Milward, The Reconstruction of Western Europe, 1945-51 (Berkeley: University of California Press, 1984), pp. 56-89, 462-502.
Barry Eichengreen, Globalizing Capital: A History of the International Monetary System (Princeton: Princeton University Press, 1996), pp. 93-135.

 

XIII. Wednesday Apr 29: After WWII: The Great Keynesian Boom

Dani Rodrik, "Getting Interventions Right: How South Korea and Taiwan Grew Rich," Economic Policy 20 (1994), pp. 53-101. *
J. Bradford DeLong, "Productivity Growth, Convergence, and Welfare: Comment," American Economic Review 78: 5 (December 1988), pp. 1138-1154. *
Mankiw, N. G., D. Romer, and D. N. Weil. "A Contribution to the Empirics of Economic Growth." Quarterly Journal of Economics 107:2 (May 1992), pp. 407-37. *
J. Bradford DeLong, "Keynesianism, Pennsylvania-Avenue Style," Journal of Economic Perspectives 10:3 (Summer 1996), pp. 41-53.
Barry Eichengreen, "The Bretton Woods System: Paradise Lost?" in Barry Eichengreen and Marc Flandreau, eds., The Gold Standard in Theory and History 2nd ed. (Routledge: London, 1997), pp. 313-328.

 

XIV. Wednesday May 6: Things Fall Apart: the Inflation of the 1970s

J. Bradford DeLong, "America's Peacetime Inflation: The 1970s," in Christina Romer and David Romer. eds., Reducing Inflation: Motivation and Strategy (Chicago: University of Chicago Press, 1997).
Barry Eichengreen, Globalizing Capital: A History of the International Monetary System (Princeton: Princeton University Press, 1996), pp. 136-192.
Robert Bates, Markets and States in Tropical Africa (Berkeley: University of California Press, 1981) (Bus & Econ HD2118 1981.B37), pp. 1-61.
Lant Pritchett, "Divergence, Bigtime," Journal of Economic Perspectives 11:3 (Summer 1997), pp. 3-18.
Carlos Diaz-Alejandro, "Delinking North and South: Unshackled or Unhinged?" in A. Fishlow, ed., Rich and Poor Nations in the World Economy (New York: McGraw-Hill, 1978).


Take-home final exam


Professor of Economics J. Bradford DeLong, 601 Evans, #3880
University of California at Berkeley
Berkeley, CA 94720-3880
(510) 643-4027 phone (510) 642-6615 fax
delong@econ.berkeley.edu
http://www.j-bradford-delong.net/

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