The New History of Capitalism and the Methodologies of Economic History

17 Pages Posted: 14 Apr 2020

See all articles by Vincent Geloso

Vincent Geloso

Bates College; University of Western Ontario - King's University College

Judge Glock

Cicero Institute

Date Written: March 19, 2020

Abstract

The rise of the “New History of Capitalism” as a subfield of historical studies has magnified differences between economists and historians which started to grow during the 1970s. We describe what is and what is not new about the “New History of Capitalism,” and explain how the different methodologies of economists and historians often causes confusion about their fields’ respective advantages and disadvantages. Yet we also emphasize that these different methodologies allow ample room for collaboration between the disciplines.

Keywords: New History of Capitalism, Economic History, Counterfactual

JEL Classification: N0

Suggested Citation

Geloso, Vincent and Glock, Judge, The New History of Capitalism and the Methodologies of Economic History (March 19, 2020). Available at SSRN: https://ssrn.com/abstract=3557570 or http://dx.doi.org/10.2139/ssrn.3557570

Vincent Geloso (Contact Author)

Bates College ( email )

Department of Economics
Lewiston, ME
United States

University of Western Ontario - King's University College ( email )

266 Epworth Avenue
London, Ontario N6A 2M3
Canada

Judge Glock

Cicero Institute ( email )

Pier 5, The Embarcadero
San Francisco, CA 94105

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