What did Arnold Toynbee argue about the relationship between economics and history in 1884?
Arnold Toynbee argued that economics had become too dissociated from history and needed to be combined with historical facts. He believed this combination made abstract propositions more vivid and truthful while making complex matters like enclosures intelligible.
When was The Economic History Review founded and who published its inaugural article?
The Economic History Review was founded in 1927 as the main publication of the Economic History Society. Professor Sir William Ashley published an article describing the emerging field in its inaugural issue.
Who won the Nobel Memorial Prize in Economic Sciences for contributions to economic history in 1993?
Robert Fogel and Douglass North shared the 1993 prize for renewing research by applying economic theory and quantitative methods to explain institutional change. They are recognized as famous cliometric economic historians.
Which university retains a separate economic history department in the United Kingdom today?
Only the London School of Economics retains a separate economic history department and stand-alone undergraduate and graduate program. Other institutions like Cambridge, Glasgow, Oxford, Queen's, and Warwick now train economic historians within other degrees.
What year did Thomas Piketty publish Capital in the Twenty-First Century and what did he argue about wealth concentration?
Thomas Piketty published Capital in the Twenty-First Century in 2013. He argued that large concentrations of wealth lead to social and economic instability and advocated for global progressive wealth taxes.