Loading document…
Opening in Pages for Mac...
Your browser isn’t fully supported.
For the best Pages for iCloud experience, use a supported browser.
Learn More
Cancel
Continue
Economics 11
3 American Economic
History
Syllabus
Spring 2017
Schedule of Topics, Readings, and Exams
PART -1: Administration
•
DeLong Offi ce Hours
:
•
Virtual Offi ce Hours:
•
Course Website
:
•
Lecture
Times
:
•
Sections
:
•
GSI Offi ce Hours
:
•
This File
:
https://www.icloud.com/pages/0jm3jYVAUMcjP-QVHc4qhNcWQ
PART
0
:
B
EFORE CLASS BEGINS
•
Register
your
iClicker
. Bring your iClicker
to the fi rst (and all subsequent) classes.
•
Review
: Martha L. Olney:
Microeconomics as a Second Language
http://amzn.to/2hvDCj8
•
Review
: Martha L. Olney:
Macroeconomics as a Second Language
http://amzn.to/2pkSOPE
PART I: INTRODUCTION
Course Intro
•
Lecture Slides:
2017-01-18
•
Lecture Notes:
The Story of American Economic History
•
Readings
(read before lecture)
:
•
Paul Boyer:
American History: A Very Short Introduction
http://amzn.to/2gQw7QE
|
Boyer
Reading Note
•
Barry Eichengreen: Economic History and Economic Policy
http://eml.berkeley.edu//~olney/
spring15/econ113/syllabus.pdf
|
Eichengreen Reading Note
•
Trevon Logan: A Time Not (Yet) Apart
http://www.econ.ohio-state.edu/trevon/pdf/
Pres_Address_09-02-15.pdf
|
Logan Reading Note
•
Gary M. Walton and Hugh Rockoff
(2014):
History of the American Economy
•
John Faragher et al
.:
Out of Many
•
Assignment:
Letter to Lecturer
1
of
8
This Is Berkeley
•
Lecture Slides:
2017-01-18
•
Lecture Notes: This Is Berkeley
PART
I
I:
PRE-INDUSTRIAL AND INDUSTRIALIZING AMERICA
Deep History
:
The Agrarian Age
(8000 BC to 1600)
•
Lecture Slides:
2017-01-23
•
Lecture Notes: Economic History since Deep Time
: The Agrarian Age
•
Reading
s
(read before lecture):
•
Jared Diamond (1997): The Worst Mistake in the History of the Human Race
http://
tinyurl.com/dl20161210a
Deep History:
Commercial
, Industrial, and Post-Industrial
Revolution
s (1600 to 2000)
•
Lecture Slides:
2017-01-23
•
Lecture Notes: Economic History since Deep Time
: The Commercial and Industrial
Revolutions
•
Readings (read before lecture):
•
David Landes (2006): Why Europe and the West? Why Not China?
http://tinyurl.com/
dl20161210b
The Americas:
Conquest and Commerce
(1500 to 1800)
•
Readings (read before lecture)
•
Paul Boyer:
American History: A Very Short Introduction
http://amzn.to/2gQw7QE
, ch. 1:
Beginnings: Pre-history to 1763
•
Assignment: Letter to GSI
The Americas:
Plunder and Settlement
(1600 to 1850)
•
Readings (read before lecture):
•
Alan Taylor:
Colonial America: A Very Short Introduction
a
http://a
mzn.to/2j29W9S
|
Taylor
Reading Note
•
Wishart
:
Evidence of Surplus Production
The
American Revolutions
(1700-1820)
•
Readings (read before lecture):
•
Paul Boyer:
American History: A Very Short Introduction
, ch. 2: Revolution, Constitution, a
new nation;
ch.
3: The promise and perils of nationhood
Slavery
,
and Some of Its Consequences
(1500-1865)
•
Readings (read before lecture):
•
Paul Boyer:
American History: A Very Short Introduction
http://amzn.to/2gQw7QE
, ch. 4:
Slavery and Civil War
2
of
8
Immigration and the Gilded Age
•
Reading
s
: David A. Gerber:
American Immigration: A Very Short Introduction
;
Industrialization and its consequences
T
he Gilded Age
•
Readings (read before lecture):
•
Paul Boyer:
American History: A Very Short Introduction
http://amzn.to/2gQw7QE
, ch. 5
PART
II
I:
THE RISE AND EXHAUSTION OF SOCIAL DEMOCRACY
The Progressive Era Course Correction
(1880 to 1920)
•
Readings:
•
Walter Nugent:
Progressivism: A Very Short Introduction
•
Paul Boyer:
American History: A Very Short Introduction
http://amzn.to/2gQw7QE
, ch. 6:
Reform and war
World War I
(1900 to 1920)
•
Readings:
•
John Maynard Keynes: The Economic Consequences of the Peace, chapters 1 and 2
http://
tinyurl.com/dl20161210k
•
Paul Boyer:
American History: A Very Short Introduction
http://amzn.to/2gQw7QE
, ch. 6:
Reform and war
W Feb 22: 1920-1933: The Roaring Twenties and the Great Crash
•
Readings (read before lecture):
•
David
Wheelock
:
Regulation and Bank Failures
•
Eric Rauchway:
The Great Depression and the New Deal: A Very Short Introduction
•
Andrew Jalil:
Monetary Intervention
•
Martha Olney: Avoiding Default
M Feb 27: 1929-1950: The New Deal
•
Readings:
•
Christina Romer: The Nation in Depression
http://www.j-bradford-delong.net/
teaching_folder/Econ_210c_spring_2002/Readings/Romer_nation_depression.pdf
;
•
: What Ended the Great Depression?
•
John Maynard Keynes: The End of Laissez Faire
http://tinyurl.com/dl20161210m
;
•
Paul Boyer:
American History: A Very Short Introduction
, ch. 7: From conflict to global
power (fi rst half)
•
Rose and Snowden: Origins of Modern Real Estate L
oan Contract
s
•
Collins & Wanamaker
: The
Great Migration of African Americans
3
of
8
W Mar 1: 1933-1953: The Knot of War and Cold War
•
Readings:
•
Richard Evans
(2007)
: Immoral Rearmament
http://tinyurl.com/dl20161210ay
;
•
(2012):
The Truth About World War II
http://tinyurl.com/dl20161210az
;
•
(2013):
What the War Was Really About
http://tinyurl.com/dl20161210aaa
;
•
Taylor Jaworski and Price Fishback
(2014)
: World War II,
http://tinyurl.com/dl20161210u
;
Rosa Luxemburg
(1981)
: The
Russian Revolution
http://tinyurl.com/dl20161210aw
;
Richard
Ericson: The Classical Soviet-Type Economy
: Nature of the System and Implications for
Reform
http://tinyurl.com/dl20161210ab
;
Paul Boyer:
American History: A Very Short
Introduction
, ch. 7: From conflict to global power (second half)
M Mar 6: 1915-1953: Mass Production and the Welfare State
•
Readings:
•
David Garland:
The Welfare State: A Very Short Introduction
;
•
William Nordhaus: Do Real-Output and Real-Wage Measures Capture Reality?
http://
tinyurl.com/dl20161210f
;
•
Claudia Goldin and Larry Katz: Human Capital and Social Capital: The Rise of Secondary
Schooling in America, 1910 to 1940
http://www.nber.org/papers/w6439
W Mar 8: A Second Reconstruction?
•
Readings:
•
John J. Donohue III and James Heckman: Continuous Versus Episodic Change: The Impact
of Civil Rights Policy on the Economic Status of Blacks
http://www2.econ.iastate.edu/
classes/econ321/orazem/heckman_donohue.pdf
;
•
William Julius Wilson: New perspectives on the declining signifi cance of race: a rejoinder
http://www.tandfonline.com/doi/full/10.1080/01419870.2015.1016070
;
•
Jennifer Hochschild and Vesla Weaver: Is the signifi cance of race declining in the political
arena? Yes, and no
http://www.tandfonline.com/doi/full/10.1080/01419870.2015.1016057?
src=recsys
;
•
Arthur Sakamoto and Sharron Xuanren Wang: The Declining Signifi cance of Race in the
twenty-fi rst century: a retrospective assessment in the context of rising class inequality
http://
www.tandfonline.com/doi/full/10.1080/01419870.2015.1016058?src=recsys
;
•
Paul Boyer:
American History: A Very Short Introduction
, ch. 8: Affluence and social unrest
M Mar 13: 1945-1970: The Post-World War II Boom
•
Readings:
•
Claudia Goldin and Larry Katz: The Shaping of Higher Education: The Formative Years in
the United States, 1890 to 1940
http://www.nber.org/papers/w6537
;
•
The Race between Education and Technology: The Evolution of U.S. Educational Wage
Differentials, 1890 to 2005
http://www.nber.org/papers/w12984
•
Human Capital and Social Capital
4
of
8
W Mar 15: 1965-1990: Social Democracy Exhausted
M Mar 20: 1970-2000: The Neoliberal Turn
•
Readings:
•
Dani Rodrik: The Past, Present and Future of Economic Growth
http://tinyurl.com/
dl20161210c
;
•
Paul Boyer:
American History: A Very Short Introduction
, ch. 9: To the present
•
Feliciano
:
Educational Selectivity in U.S. Immigration
M Mar 22: Midterm II
M Apr 3: 1790-?: Demography and Feminism
•
Readings (read before lecture):
•
Martha Bailey: More Power to the Pill
http://tinyurl.com/dl2017012a
•
Sundstrom
and
David
:
Old-Age Security Motives
PART
IV
:
MAKING OUR CRISIS-RIDDEN COUNTRY
W Apr 5: 1970-?: The Fall of Manufacturing and the Rise of Robots
•
Readings:
•
Robert Rowthorn and Ramana Ramaswamy: Deindustrialization: Causes and Implications
https://www.imf.org/external/pubs/ft/wp/wp9742.pdf
;
•
J. Bradford DeLong and A. Michael Froomkin: Speculative Microeconomics for Tomorrow's
Economy
http://tinyurl.com/dl20161210aq
M Apr 10: 2000-?: The Second Great Crash and the Longer Depression
•
Readings:
•
Andrew Berg: The Asian Crisis
http://tinyurl.com/dl20161210aj
•
Atif R. Mian and Amir Sufi : House Prices
http://www.nber.org/papers/w15283
;
•
Paul Krugman: Why Weren’t Alarm Bells Ringing?
http://tinyurl.com/dl20161210ap
;
•
Does He Pass the Test?
http://tinyurl.com/dl20161210ao
;
•
Our Giant Banking Crisis—What to Expect
http://tinyurl.com/dl20161210an
;
•
How the Case for Austerity Has Crumbled
http://tinyurl.com/dl20161210am
;
•
Philip Lane: The European Sovereign Debt Crisis
http://tinyurl.com/dl20161210ak
;
•
Lawrence Summers: Reflections on the ‘New Secular Stagnation Hypothesis
http://
tinyurl.com/dl20161210al
A
Second Gilded Age
•
Readings:
•
Thomas Piketty and Emmanuel Saez: Income Inequality in the United States
http://
eml.berkeley.edu/~saez/pikettyqje.pdf
;
•
Claudia Goldin and Larry Katz: Long-Run Changes in the U.S. Wage Structure: Narrowing,
Widening, Polarizing
http://www.nber.org/papers/w13568
5
of
8
Our Present Through a Polanyian Lens
•
Readings:
•
Paul Krugman: Why We Are in a New Gilded Age
http://www.nybooks.com/articles/
2014/05/08/thomas-piketty-new-gilded-age/
;
•
Ryan Avent: Thomas Piketty’s “Capital”, Summarised in Four Paragraphs
http://
www.economist.com/blogs/economist-explains/2014/05/economist-explains
•
Watching: Thomas Piketty: New Thoughts on Capital in the Twenty-First Century
https://
www.ted.com/talks/thomas_piketty_new_thoughts_on_capital_in_the_twenty_fi rst_century
Our Future?
PART
V
:
CONCLUSION
Review and Synthesis
•
Lecture Slides
:
2017-05-01
(
key
)
Questions and Answer
s
•
Review:
MOAR Q&A
Sample Final Exam
•
Sample Final Exam
:
http://
delong.typepad.com/2017-04-30-sample-american-economic-
history-fi nal-exam-with-answers-aeh.pdf
FINAL EXAM
This File:
https://www.icloud.com/pages/08knt3VtO9bpTIKHf6ibWHB7g
6
of
8
Big Ideas
1.
We are animals that live by narrative—hence by history…
2.
There are three American nationalisms…
•
The City Upon a Hill: “Let it be as it was in New-England…”
•
A place where we can live freely…
•
“But here was Old Kentucky!”
3.
The American project has been astonishingly successful—in Trotsky’s words: “the furnace
where the future is being forged…”
4.
But the American project has been much worse than shadowed by plantation slavery and its
echoes down the centuries…
5.
The
big
gest
contributor to the success of the American project has been immigration…
6.
American society has generated a large—in comparative context—but unevenly distributed
quantum of liberty
, prosperity, and—until recently—
opportunity…
7.
American society has delivered an unprecedented and unequalled quantum of prosperity
8.
The story of
America
requires focusing on growth-oriented industrial policy
and
on societal
well being-oriented
distributive policy
9.
The apogee of American success is the mid twentieth century era of social democracy
10.
Society has moved from agriculture to industry to post-industrial services, and is now
moving on to ?…
7
of
8
Purged from Reading List
•
Jennifer Hochschild and Vesla Weaver: Is the signifi cance of race declining in the political
arena? Yes, and no
http://www.tandfonline.com/doi/full/10.1080/01419870.2015.1016057?
src=recsys
;
•
Arthur Sakamoto and Sharron Xuanren Wang: The Declining Signifi cance of Race in the
twenty-fi rst century: a retrospective assessment in the context of rising class inequality
http://
www.tandfonline.com/doi/full/10.1080/01419870.2015.1016058?src=recsys
;
•
Claudia Goldin and Larry Katz: Human Capital and Social Capital: The Rise of Secondary
Schooling in America, 1910 to 1940
http://www.nber.org/papers/w6439
;
•
Claudia Goldin and Larry Katz: The Shaping of Higher Education: The Formative Years in the
United States, 1890 to 1940
http://www.nber.org/papers/w6537
;
•
William Julius Wilson: New perspectives on the declining signifi cance of race: a rejoinder
http://www.tandfonline.com/doi/full/10.1080/01419870.2015.1016070
;
8
of
8
