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Slides for Day 2 of þe Graduate Economic History Course...

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Lecture Notes: Econ 135 S2023: History of Economic Growth

Slides for Day 2 of þe Graduate Economic History Course...

Econ 210a: Technological roots of economic growth; major features of eagle's-eye human economic history; near-stasis; ice-breaking; explosion; what next?; Kremer, Finley, Henderson et al....

Brad DeLong
Jan 27
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Slides for Day 2 of þe Graduate Economic History Course...

braddelong.substack.com

I very much hope that the class will not get through all, or even most of these. Think of them as supports for the discussion I hope the class will have, rather than the skeleton of and an aide mémoire for a lecture. But you never know how a class will go: time and chance happeneth to us all


Technological Roots of Growth

  • Measurement: √

  • Major features

  • Importance of “robots”

  • Glacially-frozen with “efflorescences”

  • Ice-breaking

  • Explosion

  • What comes next?


Key Processes

  • Demographic transition

  • Impediments to discovery, development, deployment, and diffusion before 1870


Kremer: One Million B.C.

  • Two heads are better than one

  • How is this insufficient?


Finley: Technical Innovation

  • Very much a “substantivist”

  • Civilizational effort in other directions

  • But not in pushing forward deployed-and-diffused productive technology

  • How to understand the Antikythera Mechanism?


Henderson: Measuring Economic Growth

  • Night lights!


Nordhaus: Real Output and Real Wage Measures

  • The lighting budget of Thomas Jefferson

Econ 210a 2023 01 25
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Slides for Day 2 of þe Graduate Economic History Course...

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