Seminars
Economic History
Year Founded 1969
Seminar # 503
StatusActive
The concerns of this seminar are wide-ranging in time, place, and method. Emphasis is on European and American economic growth and development from feudal times to the present, with a growing representation of contributions on Latin America, Asia, and Africa. Topics range from microeconomic studies of firms undergoing rapid technical change and households changing their interaction between home and market to more macroeconomic topics concerned with national and regional economic growth performance, the economics of imperialism, and the political economy of the Great Depression. Given the breadth of the seminar’s membership and interests, comparative economic history is often a central element in seminar discussions. Pre-circulation of papers permits vigorous discussion.
Chair/s
Alan Dye
David Weiman
Rapporteur/s
Minwoo Kong
External Website
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Meeting Schedule
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Abstract
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Past Meetings
Scheduled
Faculty House
Displacement and Infrastructure Provision: Evidence from the Interstate Highway System
Speaker/s
Pablo Valenzuela-Casasempere, Yale University
Abstract
I study the long-run effects of displacement and neighborhood division by looking at individuals affected by the construction of the Interstate Highway System. To do so, I track individuals over time by linking the 1940 census to administrative mortality records from 1995 to 2005. I find that displaced individuals die three months younger, are more likely to leave their neighborhoods, and reside in areas with lower socioeconomic characteristics at the time of death. I also find highly localized spillovers: individuals living within 100 meters of a highway are more likely to leave their neighborhoods and relocate to lower socioeconomic areas, yet they do not experience increased mortality. The neighborhoods where individuals relocate after displacement explain 30% of the displacement-mortality effect. Accounting for the mortality effects of displacement would have increased the cost of building the highway system by 10%. Together, these results enhance our understanding of the costs displacement imposes on individuals and their communities and provide new insights for the design of future infrastructure projects.
Scheduled
Faculty House
Nixon’s VAT: The Rise and Fall of the 1970s National Value-Added Tax to Fund Education
Speaker/s
Ajay K. Mehrotra, Northwestern University
Abstract
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Faculty House
Reform Interrupted: The Limits of Cárdenas’ Wager
Speaker/s
Jay Pan, Columbia University, PhD Candidate
Abstract
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Faculty House
Legislating Longevity: State Public Health Laws and Mortality in the Early Twentieth Century
Speaker/s
Martin Saavedra, Rutgers University
Abstract
State legislatures enacted numerous public-health laws during the twentieth century, most of which likely had negligible effects on mortality. Using data on the universe of state-level public-health laws and regulations, I test whether these laws, taken together, account for a meaningful decline in mortality. To address endogeneity, I instrument for public-health legislation using the legislative calendar, session length, and legislator salaries. Both OLS and IV estimates indicate that public-health laws reduced mortality, whereas other laws or repeals of public-health laws did not. Legislatures were particularly effective at reducing deaths from tuberculosis, influenza/pneumonia, and childhood diarrhea. Additionally, more-prolific legislatures passed more effective laws. A text analysis of the laws shows that housing/tenement and drug-safety laws are most associated with falling mortality. The universe of public-health laws can account for approximately two-thirds of the mortality decline during the study period.
Scheduled
Faculty House
Crisis Planning: Wassily Leontief, Leonard Woodcock, and the Initiative Committee for National Economic Planning in the 1970s
Speaker/s
Rohan Shah, New York University
Abstract
This article examines the intellectual and political vision behind the U.S. national economic planning movement in the second half of the 1970s. It follows an organization called the Initiative Committee for National Economic Planning (ICNEP), which was the major force behind economic planning during the decade, centering the roles of the two chairmen: United Auto Workers president Leonard Woodcock and Harvard economist Wassily Leontief. The article posits that national economic planning offered a unique vision and a novel response the crises of the 1970s, distinct from mainstream Keynesian or neoliberal prescriptions. Concerned with growing democratic demands on the economic system in the 1970s, planning was pitched as a response to fears that special interests and social conflicts were paralyzing normal policymaking channels. It traces the political conflicts surrounding two key bills which incorporated planning ideas, to understand the evolution of the movement. Planners ultimately failed to convince policymakers that their ideas were politically workable, in part due to business opposition and in part because attempts to forge a broader social constituency opened planners up to the same accusations of politicization they sought to surmount. Yet, ironically, some of the ideas of planners found new force in the neoliberal era in the form of targeted supply-side state interventions to bolster select industries. Planners had sought to tie these techniques to a more just national vision, which incorporated organized labor. It was only in shedding the institutional role of labor, however, that the economic interventions initially championed by planners became seen as politically acceptable.
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