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economic history



  • Why We Need More Black Women In Economics

    by Keri Leigh Merritt

    Recently a group of brilliant, driven, young Black women formed The Sadie Collective, an organization that “seeks to be an answer to the dismal representation of Black women in the quantitatively demanding fields such as public policy, economics, data analytics, and finance.”



  • The President Didn't Always Have Power Over Trade Deals

    by William Hauk

    Until the 1930s, it was Congress that set the terms of U.S. trade negotiations with other countries and raised and lowered tariffs as it saw fit, while the president did little but sign his name.



  • Grant’s First Tomb

    by Jamelle Bouie

    Ulysses S. Grant, inaugurated as president 150 years ago today, missed a chance to reconstruct the South economically as well as politically.



  • Economic history is dead; long live economic history?

    Economic history may well be dead as a subject studied in independent academic departments, as it was at universities in the 1970s. But as a subject that is needed as part of the study of economics and the making of public policy, economic history is—and should be—very much alive.



  • Stephen Mihm: The Woman Who Broke Into the Fed

    Stephen Mihm, an associate professor of history at the University of Georgia, is a contributor to the TickerThe jockeying to succeed Ben Bernanke as the chairman of the Federal Reserve Board appears to pit Fed Vice Chairman Janet Yellen against a field that includes former Treasury Secretary Larry Summers and former Vice Chairman Donald Kohn. If Yellen becomes the first woman to hold the post -- despite a few sexist swipes from Summers' supporters -- she’ll owe a special debt to Nancy Teeters, who broke the glass ceiling at the Fed when she became the first female member of the board in 1978.



  • Melissa S. Fisher: How Women Rose and Took the Fall on Wall Street

    Melissa S. Fisher, a visiting assistant professor in the Department of Social and Cultural Analysis at New York University, is the author of “Wall Street Women.”When Ina Drew resigned as JPMorgan Chase & Co. (JPM)’s chief investment officer last year after reports the bank lost more than $6 billion, the New York Times referred to her as “the woman who took the fall.”It is up for debate whether financial companies have scapegoated women such as Drew in the aftermath of the financial crisis. What is certain is that just half a century ago it was unimaginable that women might make it high enough in the ranks of Wall Street to take the fall for anything.



  • Gavin Wright: Voting Rights Act Brought Major Economic Benefits

    Gavin Wright is the William Robertson Coe professor of American economic history at Stanford University. He is the author of “Sharing the Prize: The Economics of the Civil Rights Revolution in the American South.”The Supreme Court’s rejection yesterday of a central element of the 1965 Voting Rights Act took aim at a measure that not only broke down barriers to political participation in the South but also made significant contributions to the economic wellbeing of black southerners and to the region as a whole.Some of the economic benefits were apparent almost immediately after enactment. Surveys reported more paved roads and streetlights in black residential areas, better access to city and county services, and increased black hiring in public-sector jobs, including police and fire departments.