Time Stamp: 00:00 - Introduction to Topics Discussed 00:46 - Introducing our guest, Chris Colvin 01:36 - Why care about history at all? 02:09 - What is applied history? 03:14 - Public history vs. applied history 03:52 - Policymakers already use history anyway, so make this more rigorous 04:56 - Journal of Applied History 05:20 - Any examples of economic historians who advised policymakers? 05:33 - Christina Romer (Obama CEA chair), economic historian 05:55 - Ben Bernanke (Fed governor), economic historian 06:42 - Romer and Bernanke did a great job 07:22 - What about niche areas of economic history? Are those useful? 08:09 - The Industrial Revolution and builders' wages 09:07 - Why should we care about the Industrial Revolution? 09:27 - Understanding the Industrial Revolution tells us about today's development, labour, etc. 10:10 - Economic historians' contribution: finding amazing new data 10:42 - Sometimes it's okay to be obscure 11:40 - Historical institutions don't change often, so what's the point of studying them? 12:11 - It's not just about institutions, and understanding institutions tells us where to look 14:21 -Does economic history enable us to understand Black Swans? 15:19 - Chris's research on the Netherlands' banking crisis 16:55 - When we prepare for certain extraordinary events, does that make us more vulnerable to others? 17:36 - Suddenly people are interested in the Spanish Flu of 1918. 18:17 - Can economic history better direct economic theory? 19:43 - Theory and history should work together, since there have already been fruitful discussions 20:40 - A theory is like a map 21:54 - QUB stopped chooses to teach market power first, and then move to perfect competition 22:49 - Has any economic theory been falsified due to economic history? 23:03 - Is economic theory really unfalsifiable? 24:00 - Good economists should be inductive, not deductive 25:00 - Deductive reasoning is from the universal to the particular 25:21 - Induction is evidence based and probabilistic 25:56 - Isn't it dangerous to rely on probabilistic statements when we are dealing with people's lives and incomes? 27:03 - It's better to have rigorous evidence than bad evidence and incorrect deduction 27:33 - Theory is sometimes going to have to be dirty, since we're dealing with complex systems 28:02 - Abduction as the third method of reasoning 29:05 - How can history inform our response to COVID-19? 29:45 - The Spanish Flu in the United States 30:25 - Cities that did social-distancing vs. those that did not... what were the outcomes? 31:34 - How do social distancing and lockdowns affect economic growth? Is there really a tradeoff? 32:47 - Advice for those who wish to pursue economic history as a career? 34:00 - Economic historians are versatile teachers, and are attractive in the academic labour market 35:33 - Economic history makes you a better communicator 36:53 - Wrap-up and thanks
Пікірлер: 1