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u/yonkon

During WWII, Chinese officers who 1) advanced more slowly in their careers, 2) were underpromoted compared to peers, and 3) had ties to people who had better career prospects after their defection to Japan were more likely to defect (X. Fan, G. Richardson, Z. Xu, S. Zhao, April 2026)
▲ 5 r/EconomicHistory

During WWII, Chinese officers who 1) advanced more slowly in their careers, 2) were underpromoted compared to peers, and 3) had ties to people who had better career prospects after their defection to Japan were more likely to defect (X. Fan, G. Richardson, Z. Xu, S. Zhao, April 2026)

nber.org
u/yonkon — 9 hours ago
▲ 15 r/EconomicHistory

Stephen Girard founded a private bank in early-19th century America and was instrumental in funding the government during the War of 1812. When Congress chartered the Second Bank of the United States, Girard's bank invested in the enterprise and made high returns (Tontine Coffee-House, April 2026)

tontinecoffeehouse.com
u/yonkon — 1 day ago
▲ 9 r/EconomicHistory

In 1934, Germany’s central bank head Hjalmar Schacht created a dummy company to issue corporate bonds that Hitler’s regime used to pay for rearmament. The scheme was sustained through the seizure of assets in Austria, Czechoslovakia, and other occupied nations. (The Dictator Lab, November 2025)

youtu.be
u/yonkon — 2 days ago
▲ 9 r/EconomicHistory

In the early 1900s, computing (performance of calculations) joined teaching and nursing as one of the few careers open to college-educated women in the United States, and it opened doors that few other professions could. (Smithsonian, April 2026)

smithsonianmag.com
u/yonkon — 3 days ago
▲ 14 r/EconomicHistory

Since the 1980s, high-achieving professionals in the US – doctors and bankers – displayed growing signs of burnout. This came as a result of businesses seeking more profit per worker just as a more diverse workforce came to these professions in pursuit of upward mobility (Aeon, April 2026)

aeon.co
u/yonkon — 4 days ago
▲ 5 r/EconomicHistory

Administrative reforms implemented in the Kingdom of Naples in 1806 endowed district capitals with supra-municipal administrative functions. These cities recorded a population growth premium and higher industrialization during the 19th century. (G. Cainelli , C. Ciccarelli, R. Ganau, December 2025)

cambridge.org
u/yonkon — 5 days ago
▲ 22 r/EconomicHistory

As transport infrastructure creates benefits that produce no revenue for providers, free markets rarely build enough of it. Japan partly solved this problem by enabling railway companies to develop retail and real estate along their routes (Works in Progress, April 2026)

worksinprogress.co
u/yonkon — 6 days ago
▲ 12 r/EconomicHistory

Improved public transportation in London had two important effects on overcrowding. First, workers could choose better employers, improving their earnings and housing expenditure. Second, lower cost dwellings became accessible. (A. Seltzer, J. Wadsworth, April 2026)

lse.ac.uk
u/yonkon — 7 days ago
▲ 11 r/EconomicHistory

Liverpool became the primary port for Britain's cotton imports and its cotton brokers provided credit to importers in order to lock in supplies. Although mostly conservative, these brokers would sometimes contribute to speculative mania around cotton futures. (Tontine Coffee-House, April 2026)

tontinecoffeehouse.com
u/yonkon — 8 days ago
▲ 21 r/EconomicHistory

Evidence indicates that some investigations during Stalin’s purge of the military in the 1930s originated in real financial distortions rather than purely fabricated conspiracies. When accounting signals become unreliable, authorities responded with intensified scrutiny. (The Long Run, March 2026)

ehs.org.uk
u/yonkon — 9 days ago
▲ 9 r/EconomicHistory

Richard Hoare founded one of the oldest banks in the world, transitioning from a goldsmith to a full-time banker. In the early 18th century, Hoare’s bank serviced a limited number of clients and made loans against collateral that included securities and mortgages (Tontine Coffee-House, March 2026)

tontinecoffeehouse.com
u/yonkon — 10 days ago
▲ 2 r/EconomicHistory

China has pursued semiconductor production since the 1950s. State initiatives in the 1980s and tech transfers in the 1990s achieved limited success. The use of tax incentives to bring foreign direct investment in chip production during the 2000s accelerated output. (Asianometry, June 2024)

youtu.be
u/yonkon — 11 days ago
▲ 11 r/EconomicHistory

Brazilian macroeconomic history can be characterized by late acceleration from a prolonged baseline, insufficient to close the gap once industrialization elsewhere compounded advantages for decades. (G. Lambais, N. Palma, March 2026)

documents.manchester.ac.uk
u/yonkon — 12 days ago
▲ 39 r/EconomicHistory

British communities that lost many young men in World War I experienced persistent declines in subsequent innovation. The losses were particularly detrimental for frontier technologies and breakthrough inventions (CEPR, March 2026)

cepr.org
u/yonkon — 13 days ago
▲ 10 r/EconomicHistory

Daniel Yergin: There are lasting lessons from the 1973 energy crisis. High quality information about supply alongside international collaboration can help establish resilience. But another lesson is that when Washington is in disarray, the world is a more dangerous place (October 2023).

energypolicy.columbia.edu
u/yonkon — 14 days ago
▲ 9 r/EconomicHistory

The 1973 oil embargo exacerbated inflation already triggered by dollar devaluation, spending in the Vietnam War, and other events. The consensus in the Federal Reserve at the time was that cost-push inflation was outside the influence of monetary policy. (Federal Reserve, November 2013)

federalreservehistory.org
u/yonkon — 16 days ago
▲ 13 r/EconomicHistory

Laura Panza: In October 1973, the Yom Kippur War caused global oil prices to quadruple within a few months. The resulting inflation was difficult to contain. Modern economies are better prepared but events of 1973 still offer lessons. (Conversation, March 2026)

theconversation.com
u/yonkon — 17 days ago
▲ 4 r/EconomicHistory

In the 1970s, the reduced supply of crude set off a sharp rise in oil prices. The oil prices rose much more sharply in the 1970s than in the ongoing Iran conflict – but the full impact will depend on how long the war lasts. (Deutsche Welle, March 2026)

dw.com
u/yonkon — 18 days ago
▲ 2 r/EconomicHistory

In 1939, Britain imported over 20 million tons of food a year. Food rationing was introduced in 1940 in response to wartime conditions and to ensure fair distribution. The British government also opened restaurants that would serve affordable meals. (Imperial War Museums, March 2026)

youtu.be
u/yonkon — 19 days ago