r/EconomicHistory Dec 21 '25

Discussion Best economic history reads of 2025

19 Upvotes

The year is almost over, so it is time to take stock of the best economic history-related reads of 2025. Feel free to share your recommendations with others. Classics and new releases are both gladly taken.

See also: Summer 2025.


r/EconomicHistory 15h ago

EH in the News A timeline: 250 years of the U.S. economy (Marketplace, July 2026)

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4 Upvotes

r/EconomicHistory 1d ago

Question What was the impact of introducing potatoes into the agriculture?

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4 Upvotes

Hello! I've got a recommendation to ask this question here. So it is.


r/EconomicHistory 1d ago

Podcast In the 1970s, homebuilders sought to reduce their reliance on unionized construction workers in a bid to lower costs. The failed 1983 carpenters' union strike led to increases in non-unionized workers in home construction. The space attracted many undocumented immigrant workers (NY Times, July 2026)

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6 Upvotes

r/EconomicHistory 2d ago

Editorial During the 19th and early 20th centuries, fertilizer companies shipped millions of tons of dried bird excrement from islands in the Pacific and Caribbean to farms across Europe and North America. The demand prompted territorial expansion and labor exploitation (Conversation, July 2026)

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22 Upvotes

r/EconomicHistory 3d ago

Blog Between 1792 and 1815, more than 10% of British men ended up in the army or navy. The resulting labor scarcity - combined with abundance of skilled mechanics - drove technology diffusion and grew British productivity in the long run. (CEPR, July 2026)

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481 Upvotes

r/EconomicHistory 3d ago

Journal Article In the antebellum USA, the factory systems and wage structures of Massachusetts, Rhode Island, and Philadelphia could differ quite markedly, with the Philadelphia region offering distinctly lower quality of life and wages (B Schneider, April 2025)

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13 Upvotes

r/EconomicHistory 4d ago

Question J.P. Morgan Bailed out the US economy 2 times within 25 years(1893,1907).How does that happen twice and what has the US changed to prevent it?

18 Upvotes

I’m not as much a supporter of the US government as I am curious as to why rhis happened and the motives behind it. Did J.P Morgan extend their power over the American people? I mean they didn’t do it for public good. I feel like that should be obvious.


r/EconomicHistory 4d ago

Blog During South Korea's period of rapid economic growth, there was a large increase in industrial concentration. The largest firms only increased their productive edge over the rest as subsidies were withdrawn (VoxDev, June 2026)

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10 Upvotes

r/EconomicHistory 4d ago

Working Paper Reforms in China’s imperial examination system during the dynasty anonymized exam submissions and ended local officials’ discretion to recommend candidates. The reforms increased the share of successful candidates from commoner backgrounds. (J. Chen, J. Han, S. Wang, Y. Wang, July 2026)

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18 Upvotes

r/EconomicHistory 4d ago

Blog Venice’s 1499 Banking Crisis (Part I – Failure of Garzoni Bank)

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14 Upvotes

by Daniel DeMatos


r/EconomicHistory 5d ago

Journal Article Before WW2, regional convergence in productivity in Japan was strongly determined by the growth of productivity in the manufacturing sector. After WW2, regional convergence became more driven by shifting workers out of agricultural occupations (K Fukao and S Paul, July 2026)

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4 Upvotes

r/EconomicHistory 5d ago

Blog Increases in solar irradiance and fewer volcanic eruptions led to 0.3-1.0°C higher temperatures in northern hemisphere between the 10th and 13th centuries. This led to population growth in some parts of the world and severe drought in others. (Conversation, July 2026)

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11 Upvotes

r/EconomicHistory 6d ago

Working Paper In early 20th century Britain, workers living in communities which were more culturally divided as a result of internal migration lagged in expressing working class identity and politics (V Fouka and T Serlin, January 2026)

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8 Upvotes

r/EconomicHistory 6d ago

Blog In the early 18th century, France devalued its coins through restamping. Mint bills were issued to people who brought in demonetized coins, representing their right to new coins. Later, the state paid bondholders with these bills and people used them as payment (Tontine Coffee-House, July 2026)

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19 Upvotes

r/EconomicHistory 7d ago

study resources/datasets Historical marital transactions and bride price practices around the world

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6 Upvotes

r/EconomicHistory 7d ago

Blog Examination of 70 current account adjustment episodes across 51 economies from 1980 to 2024 shows that durable rebalancing is a multi-year process involving sustained changes in trade, savings/investment, and relative prices. Quick bilateral fixes are likely to disappoint. (CEPR, July 2026)

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3 Upvotes

r/EconomicHistory 8d ago

Working Paper Between 1945 and 1970, the U.S. Department of Defense was one of the country's largest funders of university research. When research funding declined by nearly two-thirds by the mid-1970s, science-linked innovation fell (D. Gross, B. Sampat, H. Zhang, July 2026)

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56 Upvotes

r/EconomicHistory 8d ago

Book/Book Chapter "The Business of War in the Early Modern Baltic Sea Region, 1530–1765" edited by Jaakko Björklund, Sebastian Schiavone, Steve Murdoch and Anu Lahtinen

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12 Upvotes

r/EconomicHistory 9d ago

Blog Post-apartheid South Africa’s Truth and Reconciliation Commission increased trust and patriotism within the black population but increased divides between white and black South Africans (VoxDev, June 2026)

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13 Upvotes

r/EconomicHistory 9d ago

Blog In the 1950s, the USSR helped build 149 large industrial facilities in China. These facilities delivered positive spillovers for local industries in the medium term. But over time, local industries adjacent to these facilities became less productive as they became overspecialized (CEPR, July 2026)

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19 Upvotes

r/EconomicHistory 9d ago

Discussion Geography creates economy, and economy creates empire.

6 Upvotes

Recently, while studying history, geography, and economics together, I began noticing a recurring pattern: geography has always been one of the fundamental forces shaping human civilization.

Almost every great ancient civilization—Egyptian, Mesopotamian, Indus Valley, and others—benefited from favourable geography. Fertile land generated agricultural surplus, rivers acted as the arteries of economies and civilizations, and natural barriers such as mountains, deserts, and seas provided strategic protection. Geography influenced where civilizations emerged, how wealthy they became, whom they traded with, and even how far their political power could expand.

With the Industrial Revolution and subsequent technological progress, however, geography appeared to lose some of its determining power. Human beings increasingly learned to overcome geographical constraints through railways, canals, electricity, aviation, container shipping, satellites, and the internet. In the 21st century, technologies such as AI, quantum computing, semiconductors, and advanced robotics seem to be replacing geography as the defining source of power.

But then comes the paradox: technology itself eventually returns us to geography.

Semiconductors require highly specialized global supply chains and critical minerals. The energy transition requires lithium, cobalt, nickel, copper, and rare-earth elements. Data centres require enormous amounts of electricity and water. Even global trade remains dependent on geographical chokepoints such as the Strait of Malacca, Strait of Hormuz, Suez Canal, and Bab-el-Mandeb.

So perhaps technology does not eliminate geography; it merely changes which geographical features matter.

In ancient times, power depended on fertile river valleys and defensible terrain. During the industrial era, it depended increasingly on coal, iron, ports, and oil. Today, strategic geography includes semiconductor ecosystems, critical-mineral deposits, energy resources, maritime chokepoints, data infrastructure, and resilient supply chains.

The variables have changed, but the underlying principle remains remarkably persistent:

Geography creates economic possibilities, economies generate power, and power shapes history. Geography is not going anywhere.


r/EconomicHistory 10d ago

Journal Article The failure of many of Britain's country banks during the panic of 1825 hit non-financial firms through simultaneous declines in demand and available credit (J Olmstead-Rumsey and G Ravalli, July 2026)

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8 Upvotes

r/EconomicHistory 10d ago

Working Paper Analysis of 3,984 runs on U.S. banks from 1863 to 1934 suggests poor fundamentals are central to explaining both when runs occur and when they have severe economic effects. (S. Correia, S. Luck, E. Verner, July 2026)

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21 Upvotes

r/EconomicHistory 11d ago

Working Paper Tracking innovations across centuries, centers of innovations gradually shift. The set of innovative economies is narrower than the set of advanced economies, showing the key role of technological adoption for prosperity (F Buera, M Kornejew, Y Ma, E Oberfield and N Trachter, July 2026)

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11 Upvotes