A deep understanding of economic history is crucial for economists and policy makers alike. We fund both empirical studies of the history of economies and research into the intellectual history of the field, furthering our understanding of how economists and their ideas shape our perspectives today.
History
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How to Deal with a “Bretton Woods Moment”
Feb 10, 2022
A new global economic system has to be based on a key principle of Bretton Woods: multilateralism
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Years granted:
The Methodology of Systematic Risk
This research project explores the factors producing “herding” in the economics profession and professional investment community with the goal of articulating policy changes appropriate to the organization of the economics profession and its practices in particular.
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Years granted:
2011,
Money and Empire: A Biography of the Dollar
This research project recounts the intellectual history of the dollar as an international reserve currency, starting with World War I, which brought the international gold standard to an end, and continuing all the way up to the present global financial crisis.
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Years granted:
2011, 2012, 2013, 2014,
Legal Fiction: An Intellectual History of the COASE Theorem
This research project provides us with a greater understanding of why the Coase theorem came to captivate the minds of economics and legal scholars and how its impact on economics and law reshaped both the theoretical landscape and legal-economic policymaking.
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Years granted:
2011, 2012, 2013, 2014,
Economics: Value Neutral or Value Entangled
This research project demonstrates the ways in which fact and value are entangled in economic concepts and the implications of this entanglement for the ways in which various economic problems are approached.
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Is the Doom of Humanity Really Inevitable? Maybe Not.
Jan 4, 2022
Evidence reveals our remote ancestors were neither brutes nor innocents, but complex beings whose experiments in living have much to teach us. Welcome news as disaster looms in every direction.
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Looking for a Libertarian Who’s Not Afraid of History
Dec 2, 2021
A response to Phillip Magness in The Wall Street Journal
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Why Mislead Readers about Milton Friedman and Segregation?
Nov 15, 2021
The curious case of the Wall Street Journal article on Virginia and school vouchers
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Globalization and Its Big Data: The Historical Record in Financial Markets
Oct 14, 2021
In the 19th Century, “hypothecations” provided investors with valuable information on sovereign fiscal resources
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Working Paper Series
Why do Sovereign Borrowers Post Collateral? Evidence from the 19th Century
Oct 2021
In the 19th Century, “hypothecations” provided investors with valuable information on sovereign fiscal resources
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How the U.S. Lost National Healthcare
Jun 15, 2021
An excerpt from the just released book, The Outlier, by Kai Bird
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How Greedy Corporations Turn the Black American Dream into a Nightmare
May 24, 2021
The plight of white blue-collar workers is well-known, but Blacks in that category were feeling the squeeze long before their white counterparts.
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Working Paper
The Unmaking of the Black Blue-Collar Middle Class
May 2021
How once-promising Black upward mobility reversed course, and what can be done about it
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America Hasn’t Reckoned with the Coup That Blasted the Black Middle Class
Apr 29, 2021
In 1898, upwardly mobile Blacks in Wilmington, NC were terrorized and slaughtered in a violent insurrection that set the stage for Jim Crow – and the next 123 years. Hardly anyone really knows about it.
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Debt Talks Episode 7 | The Case for Household Debt Relief
Webinarwith Erica Jiang, Johnna Montgomerie, and Jialan Wang; moderated by Moritz Schularick
Hosted by Private Debt
Apr 20, 2021
Large-sale debt relief for indebted households could be a game changer.