IDEAS home Printed from https://ideas.repec.org/a/taf/jecmet/v13y2006i4p447-467.html
   My bibliography  Save this article

Economic history and economic theory

Author

Listed:
  • Filippo Cesarano

Abstract

Since the mid-1950s the spread of formal models and econometric method has greatly improved the study of the past, giving rise to the 'new' economic history; at the same time, the influence of economic history on economists and economics has markedly declined. This paper argues that the contribution of history to the advancement of economics is still paramount, as is evident from the evolution of monetary theory and institutions.JEL classification: NO1, A12

Suggested Citation

  • Filippo Cesarano, 2006. "Economic history and economic theory," Journal of Economic Methodology, Taylor & Francis Journals, vol. 13(4), pages 447-467.
    • Handle: RePEc:taf:jecmet:v:13:y:2006:i:4:p:447-467
    DOI: 10.1080/13501780601049038
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/13501780601049038
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13501780601049038?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Robert A. Mundell, 2000. "A Reconsideration of the Twentieth Century," American Economic Review, American Economic Association, vol. 90(3), pages 327-340, June.
    2. Schumpeter, Joseph A., 1947. "The Creative Response in Economic History," The Journal of Economic History, Cambridge University Press, vol. 7(2), pages 149-159, November.
    3. Landes, David, 1978. "On Avoiding Babel," The Journal of Economic History, Cambridge University Press, vol. 38(1), pages 3-12, March.
    4. Robert A. Mundell, 2000. "A Reconsideration of the Twentieth Century," American Economic Review, American Economic Association, vol. 90(3), pages 327-340, June.
    5. Fama, Eugene F., 1980. "Banking in the theory of finance," Journal of Monetary Economics, Elsevier, vol. 6(1), pages 39-57, January.
    6. McCloskey, Donald N, 1976. "Does the Past Have Useful Economics?," Journal of Economic Literature, American Economic Association, vol. 14(2), pages 434-461, June.
    7. North, Douglass C, 1976. "The Place of Economic History in the Discipline of Economics," Economic Inquiry, Western Economic Association International, vol. 14(4), pages 461-465, December.
    8. Meyer, John R. & Conrad, Alfred H., 1957. "Economic Theory, Statistical Inference, and Economic History," The Journal of Economic History, Cambridge University Press, vol. 17(4), pages 524-544, December.
    9. Kuznets, Simon, 1957. "Summary of Discusson and Postscript," The Journal of Economic History, Cambridge University Press, vol. 17(04), pages 545-553, December.
    10. Robert E. Lucas Jr., 2003. "Macroeconomic Priorities," American Economic Review, American Economic Association, vol. 93(1), pages 1-14, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Laurent Gauthier, 2022. "Extending Cliometrics to Ancient History with Complexity," Working Papers hal-03754911, HAL.
    2. Bruno Chiarini, 2008. "Milton Friedman: la moneta, il metodo e la politica," Rivista di Politica Economica, SIPI Spa, vol. 98(1), pages 39-56, January-F.
    3. Jorge Streb, 2010. "Hume: The power of abduction and simple observation in economics," CEMA Working Papers: Serie Documentos de Trabajo. 417, Universidad del CEMA.
    4. Filippo Cesarano, 2006. "Optimum currency areas: a policy view," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 59(239), pages 317-332.
    5. Brownlow, Graham & Colvin, Christopher L., 2022. "Economic history and the future of pedagogy in economics," QUCEH Working Paper Series 22-09, Queen's University Belfast, Queen's University Centre for Economic History.
    6. Einar Lie, 2007. "Economic History and Economic Theory," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 33, pages 1-2.
    7. Richard W. England, 2010. "Ricardo, Gold, and Rails: Discovering the Origins of Progress and Poverty," American Journal of Economics and Sociology, Wiley Blackwell, vol. 69(4), pages 1279-1293, October.
    8. Filippo Cesarano, 2006. "Optimum currency areas: a policy view," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 59(239), pages 317-332.
    9. Ib E. Eriksen & Tore Jørgen Hanisch & Arild Sæther, 2007. "The Rise and Fall of the Oslo School," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 33, pages 1-1.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Filippo Cesarano, 2013. "The Optimum Currency Area Puzzle," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 19(3), pages 259-271, August.
    2. Edwards, Sebastian, 2020. "Change of monetary regime, contracts, and prices: Lessons from the great depression, 1932–1935," Journal of International Money and Finance, Elsevier, vol. 108(C).
    3. John Rutledge, 2015. "Economics as energy framework: Complexity, turbulence, financial crises, and protectionism," Review of Financial Economics, John Wiley & Sons, vol. 25(1), pages 10-18, April.
    4. Sumner, Scott, 2015. "Nominal GDP futures targeting," Journal of Financial Stability, Elsevier, vol. 17(C), pages 65-75.
    5. Robert Mundell, 2000. "Currency Areas, Exchange Rate Systems and International Monetary Reform," Journal of Applied Economics, Universidad del CEMA, vol. 3, pages 217-256, November.
    6. A. G. Malliaris, 2005. "Global monetary instability: The role of the IMF, the EU and NAFTA," World Scientific Book Chapters, in: Economic Uncertainty, Instabilities And Asset Bubbles Selected Essays, chapter 20, pages 323-343, World Scientific Publishing Co. Pte. Ltd..
    7. Inayat Ullah Mangla, 2011. "Reconstructing the Performance of Pakistan’s Political Economy: Another Paradigm," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 16(Special E), pages 30-70, September.
    8. David Mitch, 2010. "Chicago and Economic History," Chapters, in: Ross B. Emmett (ed.), The Elgar Companion to the Chicago School of Economics, chapter 8, Edward Elgar Publishing.
    9. Krzysztof Spirzewski, 2016. "Currency competition in the Eurozone: an answer to the crisis," "e-Finanse", University of Information Technology and Management, Institute of Financial Research and Analysis, vol. 12(1), pages 12-20, June.
    10. Yeh, Kuo-chun, 2012. "Renminbi in the future international monetary system," International Review of Economics & Finance, Elsevier, vol. 21(1), pages 106-114.
    11. Yiping Huang & Daili Wang & Gang Fan, 2014. "Paths to a Reserve Currency : Internationalization of the Renminbi and Its Implications," Macroeconomics Working Papers 24165, East Asian Bureau of Economic Research.
    12. Leonidas Zelmanovitz & Carlos Newland & Juan Carlos Rosiello, 2022. "The great depression as a global currency crisis: An Argentine perspective," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 35(1), pages 99-114, March.
    13. Cordeiro, Jose Luis, 2008. "Monetary Systems in Developing Countries: An Unorthodox View," IDE Discussion Papers 154, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    14. Gylfasonabc, Thorvaldur, 2000. "Fix or flex? Alternative exchange rate regimes in an era of global capital mobility," The North American Journal of Economics and Finance, Elsevier, vol. 11(2), pages 173-189, December.
    15. Solimano, Andres, 2001. "Can reforming global institutions help developing countries share more in the benefits from globalization?," Policy Research Working Paper Series 2518, The World Bank.
    16. Tianhao Zhi, 2016. "Animal Spirits and Financial Instability - A Disequilibrium Macroeconomic Perspective," PhD Thesis, Finance Discipline Group, UTS Business School, University of Technology, Sydney, number 1-2016, January-A.
    17. Angela Milena Rojas, 2007. "Cliometría: Una comunidad científica en el pseudo-mercado del conocimiento (1957-2006)," Revista Lecturas de Economía, Universidad de Antioquia, CIE.
    18. Barry Eichengreen, 2004. "Viewpoint: Understanding the Great Depression," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 37(1), pages 1-27, February.
    19. Douglas A. Irwin, 2010. "Did France Cause the Great Depression?," NBER Working Papers 16350, National Bureau of Economic Research, Inc.
    20. Barry Eichengreen, 2002. "Still Fettered After All These Years," NBER Working Papers 9276, National Bureau of Economic Research, Inc.

    More about this item

    Keywords

    ;
    ;

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jecmet:v:13:y:2006:i:4:p:447-467. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RJEC20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.