from VoxEU.org — Coronavirus from the perspective of 17th century plague

by Neil Cummins (LSE), Morgan Kelly (University College Dublin), Cormac Ó Gráda (University College Dublin)

A repost from VoxEU.org

Between 1563 and 1665, London experienced four plagues that each killed one fifth of the city’s inhabitants. This column uses 790,000 burial records to track the plagues that recurred across London (epidemics typically endured for six months). Possibly carried and spread by body lice, plague always originated in the poorest parishes; self-segregation by the affluent gradually halved their death rate compared with poorer Londoners. The population rebounded within two years, as new migrants arrived in the city “to fill dead men’s shoes”.

Full article available here: Coronavirus from the perspective of 17th century plague — VoxEU.org: Recent Articles

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from Economics at York – ‘Economic History – The Big Picture’

by Thilo Huning (University of York)

Every day we are confronted with new questions that require an in-depth understanding of international trade–debates on tariffs, ‘renegotiating’ NAFTA, talks of ‘no deal’ with the EU, and attacks on the WTO. But where did these institutions come from, how can we understand their economic rationale, and how can we know what share of our living standards we owe to them? Understanding the origins and consequences of different types of institution, from early nation-states to global parliaments, is the core of a growing branch of economic history.

Full post at https://wordpress.com/read/blogs/134079427/posts/210

From VoxEU – Wellbeing inequality in retrospect

Rising trends in GDP per capita are often interpreted as reflecting rising levels of general wellbeing. But GDP per capita is at best a crude proxy for wellbeing, neglecting important qualitative dimensions. 36 more words

via Wellbeing inequality in retrospect — VoxEU.org: Recent Articles

To elaborate further on the topic, Prof. Leandro de la Escosura has made available several databases on inequality, accessible here, as well as a book on long-term Spanish economic growth, available as open source here