Inconvenient glow: cliometrics and the "golden age" of capitalism
This paper aims to criticize the recent cliometrics literature on the so-called "golden age" of capitalism. The works of Nicholas Crafts, Gianni Toniolo, and Barry Eichengreen are reconstructed in order to reveal the main characteristics of this research program. Its narrow quantitative fo...
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| Format: | Article |
| Language: | English |
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Editora 34
2014-12-01
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| Series: | Brazilian Journal of Political Economy |
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| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572014000400005&lng=en&tlng=en |
| _version_ | 1818303846810648576 |
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| author | Fernando M. Rugitsky |
| author_facet | Fernando M. Rugitsky |
| author_sort | Fernando M. Rugitsky |
| collection | DOAJ |
| description | This paper aims to criticize the recent cliometrics literature on the so-called "golden age" of capitalism. The works of Nicholas Crafts, Gianni Toniolo, and Barry Eichengreen are reconstructed in order to reveal the main characteristics of this research program. Its narrow quantitative focus, its reliance on theoretical propositions borrowed from neoclassical economics, and its auspicious interpretation of the postwar reconstruction are the main focus of the criticism presented. Finally, the cliometricians' attempt to historicize the "golden age" and de-historicize the following decades is related to the ideological understanding of the recent decades as a period of "great moderation." |
| first_indexed | 2024-12-13T06:01:18Z |
| format | Article |
| id | doaj.art-cb4fdae595284effb8cae7f276ffe24b |
| institution | Directory Open Access Journal |
| issn | 1809-4538 |
| language | English |
| last_indexed | 2024-12-13T06:01:18Z |
| publishDate | 2014-12-01 |
| publisher | Editora 34 |
| record_format | Article |
| series | Brazilian Journal of Political Economy |
| spelling | doaj.art-cb4fdae595284effb8cae7f276ffe24b2022-12-21T23:57:19ZengEditora 34Brazilian Journal of Political Economy1809-45382014-12-0134458760710.1590/S0101-31572014000400005S0101-31572014000400005Inconvenient glow: cliometrics and the "golden age" of capitalismFernando M. Rugitsky0Centro Brasileiro de Análise e PlanejamentoThis paper aims to criticize the recent cliometrics literature on the so-called "golden age" of capitalism. The works of Nicholas Crafts, Gianni Toniolo, and Barry Eichengreen are reconstructed in order to reveal the main characteristics of this research program. Its narrow quantitative focus, its reliance on theoretical propositions borrowed from neoclassical economics, and its auspicious interpretation of the postwar reconstruction are the main focus of the criticism presented. Finally, the cliometricians' attempt to historicize the "golden age" and de-historicize the following decades is related to the ideological understanding of the recent decades as a period of "great moderation."http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572014000400005&lng=en&tlng=en"golden age" of capitalismcliometricsperiodizationhistoriography |
| spellingShingle | Fernando M. Rugitsky Inconvenient glow: cliometrics and the "golden age" of capitalism Brazilian Journal of Political Economy "golden age" of capitalism cliometrics periodization historiography |
| title | Inconvenient glow: cliometrics and the "golden age" of capitalism |
| title_full | Inconvenient glow: cliometrics and the "golden age" of capitalism |
| title_fullStr | Inconvenient glow: cliometrics and the "golden age" of capitalism |
| title_full_unstemmed | Inconvenient glow: cliometrics and the "golden age" of capitalism |
| title_short | Inconvenient glow: cliometrics and the "golden age" of capitalism |
| title_sort | inconvenient glow cliometrics and the golden age of capitalism |
| topic | "golden age" of capitalism cliometrics periodization historiography |
| url | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572014000400005&lng=en&tlng=en |
| work_keys_str_mv | AT fernandomrugitsky inconvenientglowcliometricsandthegoldenageofcapitalism |