Archive for September 4th, 2017

The integration of economic history into economics

September 4, 2017

Prof Robert Margo of Boston Univ has a piece (detailed paper here):

Whatever the forces, the brunt is always on the history inclined…



In the 21st-century economy, many millions of workers are being treated as costs which have be minimized….

September 4, 2017

Interesting essay by Neil Irwin which is doing the rounds of internet.

It tells the story of two janitors employed by two different companies and 35 years between their jobs. The first started as janitor at Kodak and eventually  promoted to a professional-track job in information technology. The second  was employee of a contractor that Apple uses to keep its facilities clean. She just remained where she was.

The end of the article sums up:


Renting Central Bank premises to earn additional income: Case of Reserve Bank of New Zealand..

September 4, 2017

It is always stunning to see the buildings of central banks. They not just occupy premium expensive space in their country financial centres but also have a lot of such space. Any private enterprise with that kind of space will either keep more employees in the same space or rent out the vacant space to make additional income.

Thus, it is interesting to read RBNZ rent out 3 floors to defense forces! This is their fourth tenant:


Business history of emerging markets should be seen as an alternative rather than merely adding new settings…

September 4, 2017

Nice and important paper by Profs. Gareth Austin, Carlos Dávila, and Geoffrey Jones.

It is fashionable to present economic and business history research of non-developed world very superficially. Moreover, it is just seen as complimenting the history of the developed world despite some very different contexts in the two sets of countries. Infact, the developed world differentiates its country-specific research but sums all non-developed world experience as emerging markets or some other term.

But this is not how it should be:


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