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Antitrust and Regulation in American Economic History  

Brooks Kaiser

Print publication date:
Jul 2018
Online publication date:
Dec 2018
Over the course of American history and economic development, market activity and the systems underlying and governing this activity have coevolved to address the changing fundamentals of ... More

Banking and Monetary Policy in American Economic History from the Formation of the Federal Reserve  

Gary Richardson

Print publication date:
Jul 2018
Online publication date:
Dec 2018
The United States Congress created the Federal Reserve System in 1913. The System consists of the Federal Reserve Board in Washington, DC; twelve Federal Reserve Banks; and thousands of ... More

Banking and Monetary Policy in American Economic History up to the Formation of the Federal Reserve  

Peter Rousseau

Print publication date:
Jul 2018
Online publication date:
Dec 2018
The US economy developed from an agricultural one mired in debt to an engine of growth between 1790 and 1913. The nation’s bourgeoning financial system was at the heart of this ... More

The Civil War in American Economic History  

Roger Ransom

Print publication date:
Jul 2018
Online publication date:
Dec 2018
This chapter examines the following questions: How did the institution of slavery pose an insurmountable obstacle to sectional compromise? What were the “economic costs” of the war to the ... More

Education and Human Capital in American Economic History  

John Parman

Print publication date:
Jul 2018
Online publication date:
Dec 2018
This chapter reviews the empirical literature on the expansion of educational institutions and the human capital stock of the United States over the past two and a half centuries. Using ... More

Energy in American Economic History  

Carl Kitchens

Print publication date:
Jul 2018
Online publication date:
Dec 2018
This chapter examines the electrification experience in the United States from 1880 to 1960, noting electricity’s effects on manufacturing and agricultural productivity, changes in the ... More

The Environment in American Economic History  

Karen Clay

Print publication date:
Jul 2018
Online publication date:
Dec 2018
Environmental externalities, although important, have received relatively little attention from economic historians. Air, water, and soil pollution and conservation issues date from the ... More

Government and Fiscal Policy in American Economic History  

John Joseph Wallis

Print publication date:
Jul 2018
Online publication date:
Dec 2018
Over the last 225 years, government finances in the United States have gone through three distinct stages. In the first stage, 1790–1850, state governments actively pursued policies to ... More

Health Policy in American Economic History  

Melissa Thomasson

Print publication date:
Jul 2018
Online publication date:
Dec 2018
The late nineteenth century witnessed the beginning of a strong, downward trend in mortality in the United States. Economists and others have been identifying and measuring the factors ... More

Housing in American Economic History  

Kenneth Snowden

Print publication date:
Jul 2018
Online publication date:
Dec 2018
Housing finance in the United States has changed considerably since the late nineteenth century. Institutional lenders gradually displaced individual investors, experiments with ... More

Innovation and Patents in American Economic History  

Petra Moser

Print publication date:
Jul 2018
Online publication date:
Dec 2018
This chapter summarizes historical evidence on the link between patent laws and innovation. Earlier historical analyses have emphasized the importance of patent laws in encouraging ... More

Introduction  

Louis P. Cain, Price V. Fishback, and Paul W. Rhode

Print publication date:
Jul 2018
Online publication date:
Dec 2018
This introduction offers an overview of the research discussed in the 37 chapters in the Oxford Handbook of American Economic History. It discusses the path of economic growth and ... More

Manufacturing Growth and Structural Change in American Economic History  

Changkeun Lee and Paul W. Rhode

Print publication date:
Jul 2018
Online publication date:
Dec 2018
Over past 200 years, industrialization was the driving force in the economic development of most nations experiencing “modern economic growth.” Industrial activity generally expanded ... More

Natural Resources in American Economic History  

Gavin Wright

Print publication date:
Jul 2018
Online publication date:
Dec 2018
This chapter surveys the role of natural resources in American economic history, from colonial times to the present. The central theme is that natural resources do indeed have a history: ... More

The New Deal in American Economic History  

Price V. Fishback

Print publication date:
Jul 2018
Online publication date:
Dec 2018
The New Deal was a response to the Great Depression of the 1930s. The Roosevelt administration built an incredible array of public works and established a series of regulations, government ... More

Professional Team Sports in American Economic History  

Stanley L. Engerman

Print publication date:
Jul 2018
Online publication date:
Dec 2018
This chapter presents several of the major issues of analysis in certain of the major spectator sports. It focuses, among the professional sports, on baseball, football, basketball, and ... More

Property Rights in American Economic History  

Gary Libecap

Print publication date:
Jul 2018
Online publication date:
Dec 2018
This chapter examines the development of private property rights to natural resources in the United States as a bottom-up or top-down process. Long-term equity and efficiency effects are ... More

The Record of Economic Growth, Business Cycles, and Economic Policies in American Economic History  

Lee Ohanian

Print publication date:
Jul 2018
Online publication date:
Dec 2018
This chapter documents and analyzes the American historical economic record of growth and business cycles within the context of long-run and short-run economic policy changes. The United ... More

Services in American Economic History  

Stephen N. Broadberry, Louis P. Cain, and Thomas Weiss

Print publication date:
Jul 2018
Online publication date:
Dec 2018
This chapter chronicles the transformation of the US economy to one where over 80 percent of the labor force is employed in the service sector. The initial section discusses the difficult ... More

Trade Policy in American Economic History  

Doug Irwin

Print publication date:
Jul 2018
Online publication date:
Dec 2018
This chapter reviews the evolution of US foreign trade and trade policy from the colonial period to the present. International trade has been a small but important part of the US economy ... More

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