Study Guide for the Mid-term, Tuesday, Oct. 30, 2012, 9:30-1045.
This is to be a closed book, in class, multiple-choice exam. You will not be allowed to
use cell phones or any kind of electronic devices. Backpacks and notebooks, materials should be
Studying Economies: Tools, Perspectives, and
Seeing Economies in Families, Households,
Societies, Nations, and Cultures Over Time
TIMING MATTERS: long/short run; past/present/future
As The World Turned Before and A
A Dog-eat dog World: Familial States and the
Making of Economies, 1600-1800
World history is the history of wars waged by maritime powers
against land or continental powers against sea or maritime
powers. (Schmitt, THE NOMOS OF THE EARTH, 1950)
The Business of Discovery, Colonialism and
Colonization: What Kind of Business Was It?
Dirty and difficult, costly and dangerous, risky and potentially
profitable, but for whom, for what?
Mix of motives: survival, god, glory, gold, status
Colonies Stumble Toward and Learn About
Comparative Advantage, the Hard Way: By Doing
Stumbling toward Comparative Advantage
Comparative advantage: the
notion that resources are more
productive in some uses
Colonies Climb on THE FAST TRACK: MERCANTILISM
According to the Data.Development was
Proceeding at a Rapid and Impressive Pace
But, If Things Were Going so Well, what Happened?
What do Growth and Development have
Constitution: Staying on the Fast Track
Law Boundedness of the Constitutuion of the United
Six American Inventions (Finer, S. History of Government)
constitutional convention to frame a constitution
The Making of a Financial Revolution: To What Extent
was Growth Finance Led?
Birds Eye View:
Making the Case for Financial Revolution
(Sylla and Roussea, EEH, 2005)
Before and After Hamilton, 1790
Hamilton: Blessing or Curse?
American Economic Development in Historical Perspective
H. 141 A
Professor M. Yeager
Office: Bunche #7381
e-mail: [email protected]
Hours: Lecture: check
Office Hours: Tues: 1la.m.-1p.m.