NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Shape of Twentieth Century Economic History

J. Bradford DeLong

NBER Working Paper No. 7569
Issued in February 2000
NBER Program(s):   ME   DAE

The history of the twentieth century can be summarized excessively briefly in five propositions: First, that the history of the twentieth century was overwhelmingly economic history. Second, that the twentieth century saw the material wealth of humankind explode beyond all previous imagining. Third, that because of advances technology, productivity, and organization and the feelings of social dislocation and disquiet that these advances generated the twentieth century's tyrannies were the most brutal and barbaric in history. Fourth, that the twentieth century saw the relative economic gulf between different economies grow at a rapid pace. Fifth and last, the economic policy the management of their economies by governments in the twentieth century was at best inept. Little was known or learned about how to manage a market or mixed economy.

download in pdf format
   (1177 K)

email paper

This paper is available as PDF (1177 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w7569

Users who downloaded this paper also downloaded these:
GarcĂ­a-Jimeno and Robinson w14774 The Myth of the Frontier
Romer w5443 Why, indeed, in America? Theory, History, and the Origins of Modern Economic Growth
Findlay and O'Rourke Commodity Market Integration, 1500-2000
Nunn w14899 The Importance of History for Economic Development
DeLong w7602 Cornucopia: The Pace of Economic Growth in the Twentieth Century
 
Publications
Activities
Meetings
NBER Videos
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us