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Category Archives: History
Transportation costs and local manufacturing
A question from Yahoo! Answers: Will higher fuel prices lead to more manufacturing and agriculture in the US.? For decades cheap transportation has made globalization possible. Quality manufacturers were always global. You still have to go to Italy to get … Continue reading
Paul Krugman’s backstory of “Limits to Growth”
Paul Krugman writes: I’ve been getting some correspondence asking me where today’s resource concerns fit with the old “Limits to growth” stuff that received a lot of publicity 30+ years ago. Actually, there’s a bit of a backstory there. In … Continue reading
Posted in Clippings, Economics, History
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Murat Iyigun on Luther and Suleyman
Murat Iyigun has an interesting paper forthcoming in the Quarterly Journal of Economics: Luther and Suleyman Abstract Various historical accounts have suggested that the Ottomans’ rise helped the Protestant Reform movement as well as its offshoots, such as Zwinglianism, Anabaptism, … Continue reading
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Jan de Vries slides
Brad DeLong posts some really interesting presentation slides on pre-WWI colonialism, imperialism, and globalization prepared by Jan de Vries. And here’s a local copy.
Posted in Economics, History
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Bank failures in historical perspective
Since its foundation in 1933, Federal Deposit Insurance Corporation has been collecting data on bank failures. Here’s a snapshot of this data from 1980 onwards: So far, it appears that the U.S. banking system is holding up pretty well compared … Continue reading
Posted in Clippings, Economics, History
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Fruit-inspired computing
A question from Askville: Have there been other computers (other than Apple) named after a fruit? Yes. A British company called Applied Computer Techniques (ACT) released a PC-compatible Apricot in 1983. Around 1995, a company called Orange Micro offered a … Continue reading
Posted in Answers, History, Technology
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Brad DeLong on trade, inequality, and China
Brad DeLong makes some very interesting points: One of them, however, looks debatable: There is a good chance that China is now on the same path to world preeminence that America walked 130 years ago. Come 2047 and again in … Continue reading
Posted in Clippings, History
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Life after the IPO
Between 1980 and 2005, 7,454 American companies went public. Of these, 2,019 have gone out of business 5,048 have not reached $1 billion annual revenue threshold 387 have reached $1 billion annual revenue threshold and as of 2005, accounted for … Continue reading
Posted in Business, Clippings, History
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The longest aircraft in the world?
A question from FunAdvice: can some one tell me which is the longest aircraft in the world? is it airbus 340-600 (OR) is it boeing 777ER? or is there any other aircraft longer than these two? Depends on how you … Continue reading
Posted in Answers, History, Technology
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Quotes from Keynes
This page will probably expand over time, but here’s a first couple. While I am at it, here’s a link to the full text of The General Theory of Employment, Interest and Money at University of Adelaida in Australia… To … Continue reading
Posted in Clippings, Economics, History
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