73-476 AMERICAN ECONOMIC HISTORY
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2nd Semester AY 1999-2000, Graduate School of Industrial Administration, Carnegie-Mellon
University, Pittsburgh, PA, 15213
Instructor: Keith T. PooleOffice: 231F GSIA (new bldg)
Classroom: Simon Auditorium
Time: 1:30 - 2:50 TuTh
The following texts will be used in this course:
American Economic History, Jonathan Hughes & Louis P. Cain
The Rise of the Western World, Douglass North & Robert Thomas
The readings listed in the assignments are in the course packet.
RequirementsGrades will be determined by three examinations--two midsemester exams worth 30 percent
each and one final exam worth 40 percent. The exams will all be essay and short answer
- Antecedents: Private Property Rights and a Means of Enforcement
Assignment: The Rise of the Western World
- The Early Colonial Period
- Chs. 1 & 2 of Hughes
- "The Rise and Fall of Indentured Servitude in the Americas: An Economic Analysis,"
by David W. Galenson, Journal of Economic History 44, March 1984, pp. 1-26.
- "Urban Amenities and Rural Sufficiency: Living Standards and Consumer Behavior in
the Colonial Chesapeake, 1643-1777," by Lorena S. Walsh, Journal of Economic History, 43, March 1983, pp. 109-117.
- The Later Colonial Period and the American Revolution
- Chs. 3 & 4 of Hughes
- The Declaration of Independence
- "The Navigation Acts Revisited."by Larry Sawers, The Economic History Review 45, May 1992, pp. 262 -284.
- "The Cost of Empire," by Lance Davis and Robert Huttenback, in Explorations in the New Economic History.
- "Aspects of Revolutionary Finance, 1775 - 1783,"by Ralph V. Harlow, American Historical Review 35, Oct. 1929, pp.46 -68.
- The Constitution and Hamilton's Economic Program
- Ch. 5 Hughes
- The Constitution
- "Alexander Hamilton's Market-based Debt Reduction Plan," Carnegie-Rochester Series in Public Policy, by Peter M. Garber
- Economic Development Prior to the Civil War
- Chs. 6 - 9, 11, 12, Hughes
- The Economics of Slavery
- Chs. 10, Hughes
- "African and European Bound Labor in the British New World: The Biological Consequences
of Economic Choices," by Philip Coelho and Robert McGuire. The Journal of Economic History, 57, March 1997, pp. 83-115.
- The Economic Effects of the Civil War
- Ch. 13, Hughes
- "The Impact of the Civil War and of Emancipation on Southern Agriculture," by Robert
Ransom and Richard Sutch, Explorations in Economic History, 12, 1979, pp.1-28.
- "The Economic Cost of the American Civil War: Estimates and Implications," by Claudia
Goldin and Frank Lewis. The Journal of Economic History, 35, June 1975, pp.299-326.
- "The Decline in Southern Agricultural Output, 1860-1880," by Garland Brinkley. The Journal of Economic History, 57, March 1997, pp. 116-138.
- Railroads, Silver and Gold: Politics and the Economy in the latter half of the 19th
Assignment: Chs. 14 - 17, Hughes
- Big Business and Government Regulation of the Economy
Assignment: Chs. 18 - 21, Hughes
- Why Did the Great Depression Happen?
Assignment: Chs. 22 - 24, Hughes
- Did the New Deal Help or Hurt Economic Recovery?
Assignment: Chs. 25 - 26, Hughes
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