Category Archives: History

Paul Krugman on British debt history

Paul Krugman writes: I’ve been playing around with the IMF’s historical public debt database, which has long-term information on ratios of debt to GDP. And you really have to marvel, given that historical record, at the deficit panic now so … Continue reading

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Brad DeLong on central banking

Link to the original. The ECB’s Battle against Central Banking BERKELEY – When the European Central Bank announced its program of government-bond purchases, it let financial markets know that it thoroughly disliked the idea, was not fully committed to it, … Continue reading

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Social Security: a view from the past

Paul Krugman writes: …in discussions of Social Security it’s often argued that in the program’s early years, nobody could have imagined the increases in life expectancy that have actually occurred, so nobody could have imagined that we’d have as many … Continue reading

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CWIHP publishes the Vassiliev notebooks

From the Cold War International History Project: The Vassiliev Notebooks are an important new source of information on Soviet intelligence operations in the United States from 1930 to 1950. Though the KGB’s archive remains closed, former KGB officer turned journalist … Continue reading

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Crises, Bubbles, Crashes…

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To read when time permits

Soviet Defectors by Vladislav Krasnov (Available on Google Books) An excerpt:

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On the causes of World War I

Many times, I’ve tried to put together a brief narrative of the causes of World War I, and I invariably find (after the fact) that I’ve left something out. So here’s the latest (and, one would hope, final) attempt… * … Continue reading

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Murat Iyigun ponders trends in war and conflict

Murat Iyigun writes: The graph below shows a 10-year moving average of the number of wars and domestic conflict in continental Europe for the half millennium between 1450 and 1950. It depicts various intriguing facts, some of which have been … Continue reading

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Preventing the October Revolution in Russia?

A question from Yahoo! Answers: What would you have done to prevent the October Revolution of Russia? Who is the “you” you’re referring to? Assuming you refer to the Provisional Government that itself ascended to power after an earlier revolution … Continue reading

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The reasons (real and imaginary) of World War I

A question from Yahoo! Answers: Why did the assassination of Franz Ferdinand lead to WW1? or why did they assassinate him? It didn’t. What really led to WWI was the gold standard. I’ve written about this repeatedly. See this for … Continue reading

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