Economic History

    The lessons of the past are vital to understanding our present. Through empirical studies of the history of economies, we can better understand the effects of historical events and policy decisions, providing key insights into our world today.

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    George Soros: The Living History of the Last 30 years

    Economic theory has modeled itself on theoretical physics. It has sought to establish timelessly valid laws that govern economic behavior and can be used reversibly both to explain and to predict events. Read more