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How much could economics gain from history: the contribution of cliometrics

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Author Info
Jean-Luc Demeulemeester () (DULBEA, Université Libre de Bruxelles, Bruxelles, Belgium & SKOPE, University of Oxford, Oxford, UK)
Claude Diebolt () (BETA/CNRS, Faculty of Economics, Université Louis Pasteur de Strasbourg, France & Humboldt-Universität zu Berlin, Berlin, Germany)

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Abstract

Is cliometrics a discipline that could help economists to close the gap between theory and empirical analysis? For many authors, and certainly many of its protagonists, cliometrics appears to be first of all a new branch of history, using economic theories, tools and techniques to provide answers mainly to historiographical debates and not so much to economic debates per se. Could nevertheless this discipline help economists to come closer to physics by enabling them to discover true laws in economics? More modestly some recent work in cliometrics performed by economists (stricto sensu) reveals the possibility of cliometrics to be an auxiliary discipline of economics (and not solely of history). As such, it should form part of the basic toolkit of all properly educated economists. In this paper we give a survey on the key methodological issue of existence (and type) of laws in economics and the proper role that could be assigned to cliometrics to best serve the development of economics in this perspective.

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Publisher Info
Article provided by Association Française de Cliométrie (AFC) in its journal Cliometrica, Journal of Historical Economics and Econometric History.

Volume (Year): 1 (2007)
Issue (Month): 1 (April)
Pages: 7-17
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Handle: RePEc:afc:cliome:v:1:y:2007:i:1:p:7-17

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Web page: http://www.cliometrie.org
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Related research
Keywords: Economic law; Economic history; Cliometrics; Methodology;

Find related papers by JEL classification:
A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
N01 - Economic History - - General - - - Development of the Discipline: Historiographical; Sources and Methods

Cited by:
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  1. Dieter Bögenhold, 2008. "Economics, Sociology, History: Notes on Their Loss of Unity, Their Need for Re-integration and the Current Relevance of the Controversy between Carl Menger and Gustav Schmoller," Forum for Social Economics, Springer, vol. 37(2), pages 85-101, August. [Downloadable!] (restricted)
  2. Marongiu, Federico, 2008. "La necesidad de teorías heterodoxas para el acercamiento entre historia y economía
    [The need of Heterodox theories for a marriage between history and economics]
    ," MPRA Paper 8746, University Library of Munich, Germany. [Downloadable!]
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This page was last updated on 2009-11-24.


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