Economic History Is The BEST Field of Economics

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Market Power

Market Power

Күн бұрын

Economic history teaches us macroeconomics better than a macro class. If you want to learn economics, start with economic history. #economics
For more book recommendations and economic stories, sign up for my newsletter here: marketpower.substack.com/
And you can find me on twitter: / marketpoweryt
Papers Cited:
No Irish Need Deny: Evidence for the Historicity of NINA Restrictions in Advertisements and Signs
Journal of Social History, Volume 49, Issue 4, Summer 2016, Pages 829-854 Rebecca A. Fried
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Пікірлер: 67
@user-ht8ux6ji2n
@user-ht8ux6ji2n 2 жыл бұрын
My favourite economics book so far is "A little History of Economics" by Niall Kishtainy. Takes the reader from the beginnings of economics in the age of the Greeks to the modern economy, exploring all types of themes and economists. I would recommend it strongly to anyone who wants to understand economics, already likes economics, and someone who wants to be able to link economic theories together smoothly.
@FxAxTx
@FxAxTx 2 жыл бұрын
I’ve always wanted to study economy but due to unfortunate life events I couldn’t even finish high school till my 20’s. I’m in my 30’s now and fell in love with the way economics and politics explain how pretty much the world ended up shaping itself. Have I made it into university? No. I’m stuck in Japan working more hours than anyone should. But it’s a goal I’m gonna reach someday. Thanks for the video! Cheers
@hkumar7340
@hkumar7340 Жыл бұрын
The book recommendations in this video: 1. Gavin Wright, "Sharing the Prize: The Economics of the Civil Rights Revolution in the American South" 2. David Wessel, "In Fed We Trust: Ben Bernanke's War on the Great Panic" 3. Sudhir Hazareesingh, "Black Spartacus: The Epic Life of Toussaint Louverture" 4. Tom Nicholas, "VC: An American History" (The History of Venture Capital in the United States) 5. Anton Howes, "Arts & Minds: How the Royal Society of Arts Changed a Nation" Three books I recommend in this area (one of them is not published as yet, awaited in September 2022): 1. Robert C. Allen, "Global Economic History: A Very Short Introduction" 2. William Quinn & John D. Turner, "Boom and Bust: A Global History of Financial Bubbles" 3. J. Bradford DeLong, "Slouching Towards Utopia: An Economic History of the Twentieth Century" (awaiting publication)
@INDISPENSABLE_DAYSTAR
@INDISPENSABLE_DAYSTAR 2 ай бұрын
Hello bro I need your help on books man
@mehdielharti2877
@mehdielharti2877 3 жыл бұрын
As an economic historian myself all you say is in this video is music to my ears. I love you man
@NOBODY_319
@NOBODY_319 Жыл бұрын
Bro which minor will be better for economics major. Political science or history
@mehedihasan-ui6qt
@mehedihasan-ui6qt 3 жыл бұрын
So Economics History is the Economics that I expected it to be in my undergraduate but unfortunately I was greatly disappointed finding out that it's all about maths! You are the senior I don't have in my department, bdw..I'm currently a 2nd a Econ student.
@bonicheque6127
@bonicheque6127 3 жыл бұрын
Thank you for this video, I recently got an A* for my A-levels Economics (a UK high school diploma). After watching some of your videos I'm determined to pursue it for my undergrad
@MarketPowerYT
@MarketPowerYT 3 жыл бұрын
Congratulations!
@Caius1930
@Caius1930 2 жыл бұрын
Don't. I have. Not employable especially if you graduate during the worst economic crisis in the past century
@kareemsoussan522
@kareemsoussan522 3 жыл бұрын
I’m taking an Economics History class next semester!
@MarketPowerYT
@MarketPowerYT 3 жыл бұрын
Awesome! It's incredibly satisfying.
@invinciblelittledevil5309
@invinciblelittledevil5309 2 жыл бұрын
I m completing my 12th grade this years with my majors in history ,political science and economics so i m deciding to study economic history in the future.
@joev2826
@joev2826 2 жыл бұрын
Wow, thank you!! It's amazing, and your enthusiasm is contagious 🍀
@anandad4965
@anandad4965 3 жыл бұрын
Awesome video. Keep up the good work. Lot's of love and support from India
@misssunshine537
@misssunshine537 3 жыл бұрын
Such a wonderful video Mr. Craig! I'm in love with your content. Thank you for your contribution to help amateur economists like me★
@bazinga489
@bazinga489 Жыл бұрын
First of all, so much respect and love from Turkey. The reason that I am saying where I come from is to apologize for my English. I really liked your video and I can see your amazement to economic history. That's the thing makes your video so reliable and enjoyable for me. Actually my major is on cinema and television. But recently I found myself reading about economic history. I always wanted to know how the world works. I used to read novels, poems, phycological books etc to understand it but none of them gave what actually I want to learn. But after I discovered economic history, finally I find out what I need. 😊 I feel so happy to try to improve myself in a field which is unreleated to my actual major. That makes me understand this world in a wider view.
@duppa
@duppa 3 жыл бұрын
My university has a whole department dedicated to just Economic History separately from our Econ department, personally I’m more of a maths buff so have never taken any of their courses but they look very interesting
@francisllaguno2794
@francisllaguno2794 3 жыл бұрын
Economic history is context. Thanks man!
@sugandhaverma4505
@sugandhaverma4505 3 жыл бұрын
You are doing great work by your vedios Craig sir👏👏👏 There should be some more channels like your's... Love from India ❤
@rockiesinoctober
@rockiesinoctober 3 жыл бұрын
Love the shirt!
@farahawad7629
@farahawad7629 3 жыл бұрын
1:30 I wish someone told me this before I declare lol
@odellkeyes6218
@odellkeyes6218 2 жыл бұрын
Thank you for this video
@zellis333
@zellis333 2 жыл бұрын
Can you do a video elaborating on being an amateur economist? How you would go about it, what skills you need, how to get published/recognition? This is extraordinarily interesting and expiring to me and I would love to learn more about it.
@leonelbarreto8054
@leonelbarreto8054 3 жыл бұрын
In my undergraduate in economics I took: Economic history, Business history, modern contemporary history In MSC I took history of economic thought One day if I pursue a Phd will be in the history field 🙏🏾
@mehedihasan-ui6qt
@mehedihasan-ui6qt 3 жыл бұрын
Wow Rebeccas story was eye opening!
@mamahugyou
@mamahugyou 3 жыл бұрын
Will love to see a video talking about behavioural econs since it's seen as the next big thing!
@MarketPowerYT
@MarketPowerYT 3 жыл бұрын
Here you go! kzbin.info/www/bejne/iWjaqGyhqq-dpa8
@cheemaskillz4935
@cheemaskillz4935 2 жыл бұрын
Great vid. I’m thinking of applying for an undergrad at lse for econ and econ history 👍
@earlydanendraputra6682
@earlydanendraputra6682 2 жыл бұрын
as historian the reason why economic history its interesting because we got a crappy side history on high school. Since then a lot of historical fact -outside what we learn from school- that we know later on it's gonna blow our mind.
@JelloRicaneur
@JelloRicaneur 3 жыл бұрын
Craig, I love you!
@vladf777
@vladf777 3 жыл бұрын
Hey Craig, could you do a video on career directions with an econ degree? Also do you think that a MSMF is worthwhile?
@aryankumarprasad1574
@aryankumarprasad1574 3 жыл бұрын
Would really like the review for Arts and Mind
@StickmanA
@StickmanA 3 жыл бұрын
I like your dedication to reading
@MarketPowerYT
@MarketPowerYT 3 жыл бұрын
I feel like I don't read enough!
@gauravagrawal6894
@gauravagrawal6894 3 жыл бұрын
Hey!! I am from India. Which field of Economics is better if I want a mix flavour of studying ground level problem of developing country (India) and then solving it through advisory or foundation ?? Not just collecting data and programmed it into some conclusion on computer.
@diegocarillo9235
@diegocarillo9235 3 жыл бұрын
Grand Pursuit by Sylvia Nasar is a fantastic economics history book!
@wenkaiyang1487
@wenkaiyang1487 2 жыл бұрын
so for developing countries such as Mexico or some parts in the middle east, do you think the data is significantly lacking? Will you face the language barrier as well?
@clarkec5
@clarkec5 3 жыл бұрын
I also recommend In Fed We Trust. That was a great read!
@MarketPowerYT
@MarketPowerYT 3 жыл бұрын
In Fed We Trust is one of my favorites.
@svengollie1195
@svengollie1195 Жыл бұрын
What are your thoughts on Basic Economics book by Thomas Sowell?
@ojeboazuka4250
@ojeboazuka4250 3 ай бұрын
If want to buy the testbook how can go of it
@NOBODY_319
@NOBODY_319 Жыл бұрын
Sir I'm thinking of taking economics major what minor will be better history or political science
@allabouteconomics2258
@allabouteconomics2258 2 жыл бұрын
From where I can buy these economic history books ?
@psikeyhackr6914
@psikeyhackr6914 2 жыл бұрын
Double entry accounting is 700 years old. Invented in Italy. Why hasn't it been mandatory in the schools since Sputnik? What did Adam Smith and Karl Marx say about Planned Obsolescence?
@kellypaws
@kellypaws 2 жыл бұрын
Because school curricula are selected according to parental acceptance, including allowance for religion and gun ownership i.e. they are asymmetric models of stupid.
@biplavpoudel4967
@biplavpoudel4967 2 жыл бұрын
Hi! I have recently accomplished my MSc in Accounting & Finance. Now, I am interested to do Phd in Political Economy. So, Can I get admission in university for my phd program although I do not have educational background in politics and economy?
@SharmarkeNur-q3u
@SharmarkeNur-q3u 2 ай бұрын
I wonder, can you study two different field in economics at the same time?
@mohammedhusein9019
@mohammedhusein9019 3 жыл бұрын
Please ;how can I successful on econometrics course?
@xiadanji
@xiadanji Жыл бұрын
After watching your video, I seriously consider to take a Ph.D. program in Economic History. However, I am not good at math. Would you explain a little bit to what extent that PhD in Economic History program requires math? I will be so grateful to know your comment
@RazV6
@RazV6 3 жыл бұрын
I'm gutted econ history wasn't offered in my undergrad..
@imanmalekshahi3497
@imanmalekshahi3497 3 жыл бұрын
i'd really appreciate if you could introduce some good econ history books which are useful for institutional development
@MarketPowerYT
@MarketPowerYT 3 жыл бұрын
Doug North is the main source for econ history + institutions.
@NippleTechnology-cc8bg
@NippleTechnology-cc8bg 3 жыл бұрын
Well what's your favourite piece of economic history?
@MarketPowerYT
@MarketPowerYT 3 жыл бұрын
My specialty is Haitian economic history.
@jantjehouten5806
@jantjehouten5806 Жыл бұрын
major lol at constantly hinting on dropping the book recommendation "soon", just drop it then let me decide if I want to continue watching you go on about "your experiences". Whether you provide valuable information to me or not is a repeated game, stringing me along will not make me subscribe in the long term even though it will make me watch this exact video for a longer time
@tyromemadkins6926
@tyromemadkins6926 Жыл бұрын
Can you do a video on UCLA Economics and property rights?
@MarketPowerYT
@MarketPowerYT Жыл бұрын
I reviewed a book on property rights: kzbin.info/www/bejne/rZK5pH-jgMeqrJI I'll eventually have some more on the topic. Probably won't do a video on UCLA though!
@INDISPENSABLE_DAYSTAR
@INDISPENSABLE_DAYSTAR 2 ай бұрын
So you have books on it please?
@karimal-mufakkir4041
@karimal-mufakkir4041 Жыл бұрын
Actually, economic history is a field of history. That’s good.
@declanmellor2244
@declanmellor2244 3 жыл бұрын
Are you working at BYU now? I'm a sophomore in highschool and am hoping to go to BYU!
@MarketPowerYT
@MarketPowerYT 3 жыл бұрын
I did my undergrad at BYU, but I work at USU. You should apply to both!
@lowreztv
@lowreztv 2 жыл бұрын
Every time people talk about slave history they feel the need to play sad music and speak in a more serious cadence, it's transparent and demeaning.
@baidan5962
@baidan5962 Жыл бұрын
also ben bernanke: subprime is contained
@relytheone853
@relytheone853 Жыл бұрын
What book can I read as a new commer. I want to become rich.
@dikshadua7820
@dikshadua7820 3 жыл бұрын
Sir would you please help me to search this topic notes . I didn't get this topic notes elsewhere. Topic 1) Samuelson utility possibility curve Topic 2) divergence between private and social cost Topic 3) problem of non market interdependence Topic 4 the role of state Topic 5) welfare analysis of risky projects Topic 6) the value of information and irreversible consequences Topic 7) welfare theory and international trade Have you a book of an introduction to modern welfare Economics if you have this book please share the photo of chapter no.103) welfare analysis of risky projects Chapter no . 104) the value of information and irreversible consequences
@C3yl0
@C3yl0 2 жыл бұрын
PhD in Economics= math classes 😒😒😒😒😒😒
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