Parker Randall E. - Routledge Handbook of Major Events in Economic History

The Routledge Handbook of Major Events in Economic History aims to introduce readers to the important macroeconomic events of the past two hundred years. The chapters endeavour to explain what went on and why during the most significanteconomic epochs of the nineteenth, twentieth and early twenty-first centuries and how where we are today fits in this historical timeline. Its short chapters reflect the most up-to-date research and are written by well-known economistswho are authorities on their subjects.

The book is divided into four sections. presents topics from the pre-1919 period and focuses on the experiences of the First and Second Banks of theUnited States, the recurring financial panics and their role in the establishment of the Federal Reserve System, thelong deflation of the 1870s, the great merger wave, and the functioning of the classical gold standard. It ends with a discussion of the tragedy and horror that was World War I.

addresses the history of the interwar era (19191939) and World War II. The economics of the 1920s and the Great Depression comprise the greatest share of chapters in this section. It ends with a discussion of the tragedy and horror that was World War II

looks at the post-World War II period and the transitional economic events that make up the history of 1945 to the early 2000s. The great inflation of the 1970s to the disinflation of the 1980s, the rise of China and India to the fall of Japan and the Soviet Union, the rebuilding of Europe under the Marshall Plan and the advent of globalization to the rise and fall of the Bretton Woods system and the Phillips Curve. The urban riots of the 1960s and the history of oil shocks, shocks that have played such an important role in the evolution of post-World War II business cycle disturbances, are also included.

contains topics of the contemporary era. The most recent economic issues include world hyperinflations, the emergence of mass-market merchandisers, the panic of 2008 and monetary policy responses, the Eurozone and its future, government bailouts and the economics of entitlements, debt and deficits.

The Routledge Handbook of Major Events in Economic History was written with the intent of presenting the professional consensus in explaining the economics driving these historical events.

Randall E. Parker is Professor of Economics at East Carolina University, USA.

Robert Whaples is Professor of Economics at Wake Forest University, USA.

Edited by Randall E. Parker and Robert Whaples

First published 2013 by Routledge
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2013 selection and editorial material, Randall E. Parker and Robert Whaples; individual chapters, the contributors

The right of the editor to be identified as the author of the editorial material, and of the authors for their individual chapters, has been asserted in accordance with sections 77 and 78 of the Copyright, Designs and Patents Act 1988.

All rights reserved. No part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers.

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British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British Library

Library of Congress Cataloging in Publication Data
Routledge handbook of major events in economic history/ Edited by Randall E. Parker and Robert Whaples.

pages cm

1. Economics - History. I. Parker, Randall E., 1960- II. Whaples, Robert. III. Title: Handbook of major events ineconomic history.
HB75.R6748 2013

ISBN: 9780415677035 (hbk)
ISBN: 9780203067871 (ebk)

Typeset in Bembo
by HWA Text and Data Management, London

PART I
World War I andthe pre-World War I era

Eric Lomazqff

Elmus Wicker

Richard C. K. Burdekin and Pierre L. Siklos

Anthony Patrick O'Brien

Mark Carlson

Ellis W. Tallman

Mark Toma

Jari Eloranta

Kris James Mitchener

PART II
The interwar era and World War II

Martha L. Olney

Harold Bierman, Jr.

Michael Kitson

Randall E. Parker

Price V. Fishback

Lee E. Ohanian

James L. Butkiewicz

Robert Higgs

PART III
Post-World War II era

Nicholas Crafts

William J. Collins

Robert L. Hetzel

James D. Hamilton

Arnold Kling

Barry Eichengreen

Allan H. Meltzer

Loren Brandt

Areendam Chanda

Etsuro Shioji

Richard E. Ericson

Teresa Gramm

PART IV
The contemporary era

Steve H. Hanke and Nicholas Krus

Gary Gorton and Andrew Metrick

W. Douglas McMillin

Art Carden

Robert E. Wright

John J. Seater