Stanley L. Engerman

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Economic history has contributed significantly to the formulation of economic theory.* Among the economists who have found history an important source for their ideas are Smith, Malthus, Marx, Marshall, Keynes, Hicks, Arrow, Friedman, Solow, and Becker. Failure to take account of history, as Simon Kuznets (1941) stressed, has often led to a misunderstanding(More)
School-to-work patterns and issues are discussed for seven economies (France, Germany, Japan, the Netherlands, Sweden, UK and US). The emphasis is placed on differences across countries in both the current labour market position of young people and recent trends therein, along with the institutions that regulate youth education, training and employment. The(More)
What motivated men to risk death in the most horrific war in U.S. history when pay was low and irregular and military punishment strategies were weak? In such a situation creating group loyalty by promoting social capital is of paramount importance and in the Civil War was the cement of both armies. We find that individual and company socio-economic and(More)
From the end of the second century C.E., Judaism enforced a religious norm requiring any Jewish father to educate his children. We present evidence supporting our thesis that this exogenous change in the religious and social norm had a major influence on Jewish economic and demographic history. First, the high individual and community cost of educating(More)
essay came about at Ismail Serageldin's behest. He felt it would be a worthwhile exercise if I were to connect the ideas developed in Dasgupta (1993) with those in Putnam (1993), to see if the concept of social capital has potency for an understanding of the kinds of institution that are most likely to protect and promote human well-being in poor countries.(More)
It is widely believed that regional labor markets in the USA are highly flexible, so that employment shocks have only transitory effects on joblessness since induced migration quickly offsets much of the initial impact. However, time-series analysis of the response to shocks is very sensitive to errors of measurement, and such errors are large in some(More)
Using state-level data from the United States, we find that differences in colonial legal institutions have affected the current quality of state legal institutions. These differences in colonial legal institutions arose because some states were settled by Great Britain, a common law country, and other states were settled by France, Spain, and Mexico, all(More)
Death in the Middle Passage has long been at the center of the moral attack on slavery, and during the past two centuries estimates of the death rate and explanations of its magnitude have been repeatedly discussed and debated. For comparative purposes we draw on studies of mortality in other aspects of the movement of slaves from Africa to the Americas, as(More)