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economic growth in history nuno palma s economic and political history blog economic growth in history nuno palma s economic and political history blog menu skip to content home about antiquity middle ages 1500 1815 1815 1870 1870 1914 1914 1945 1945 present search for visit to masson mills richard arkwright s mill 16 16 00 00 may 16 00 00 2026 1500 1815 1815 1870 1870 1914 1914 1945 1945 present industrial heritage industrial revolution npalma as my move to the university of florida approaches i have reflected on the many industrial heritage sites that i have visted over the years some of them namely those to the quarry bank mill as a study visit with my topics in economic history students as there will likely be not many more opportunities in the near future i could not leave without visiting masson mills richard arkwright s water powered cotton spinning mill built on the banks of the river derwent in 1783 here are some pictures leave a comment new book europe s poison pill 1 01 00 00 may 01 00 00 2026 1945 present development economics europe growth history politics npalma my new book forthcoming with cambridge university press explores how cohesion policy is having unintended yet dismal consequences for the european union it is already available for preorder at amazon barnes noble or your favorite bookseller the book covers the origins and consequences of this policy arguing that it is a central cause of the european union s current economic and political difficulties reforming this policy must be seen as central for the survival and continued prosperity of the european union this is the cover except my affiliation will be changed to the hamilton school at university of florida since i am moving there and the book will be coming out in september palma provides a powerful critique of europe s cohesion program which only lead perversely to further divergence between leading and lagging regions the book argues vigorously that europe should get back to its knitting it should focus on completing the internal market and devote its scarce budgetary resources to high priorities which now include external security and defense barry eichengreen george c pardee and helen n pardee chair and distinguished professor of economics and political science university of california berkeley designed to bring europe closer cohesion funds have pushed european countries further apart palma shows how they distorted incentives hollowed out institutions and stalled real convergence this superb book is a forceful invitation to rethink a policy most european economists have long taken for granted jesús fernández villaverde howard marks presidential professor of economics university of pennsylvania europe s poison pill offers a bold rethink of europe s cohesion funds through the lens of the natural resources curse palma s provocative arguments identify unintended consequences hidden costs and ignite debates on better policies for europe s future vítor gaspar former director of the fiscal affairs department of the international monetary fund the european union is in a mess i know it you know it mario draghi knows it to extricate it we need clear analysis and specific actionable policy proposals this penetrating book is a very good place to start james a robinson university professor university of chicago and recipient of the 2024 sveriges riksbank prize in economic sciences in memory of alfred nobel leave a comment visit to the kelham island museum 31 31 00 00 march 31 00 00 2026 1815 1870 europe npalma it was fascinating to recently visit kelham island museu in sheffield here are some photos leave a comment how a nation was born brazilian economic growth 1574 1920 30 30 00 00 march 30 00 00 2026 1500 1815 1815 1870 1870 1914 1914 1945 macroeconomics america brazil development growth npalma guilherme lambais and i recently released this paper it comes out in the sequence of this one which is related but different the folha de s paulo reported on it thanks rafael cariello leave a comment program for the conference global monetary history and policy lessons 27 27 00 00 february 27 00 00 2026 conferences and call for papers money npalma 12 05 2026 program updated conference to happen at the university of manchester on may 15 2025 as previously annouced here location arthur lewis building floor 2 room 2 016 2017 boardroom each speaker will have 20 mins to present including questions time limits will be strictly enforced 9 00 opening remarks and organizational notes by the organizers 9 10 françois velde chicago fed britain s debt restructuring of 1720 23 9 30 matthias morys university of york where it all begins eurodollars and international monetary policy transmission under bretton woods with guillaume bazot and eric monnet 9 50 rebecca stuart queen s business school missing persistence measurement errors and us inflation before wwi with stefan gerlach 10 10 max harris wharton upenn gold after the nixon shock the role of the yellow metal in the 1970s 10 30 coffee break 11 30 hiroki shin university of birmingham the ascent of paper currency with nuno palma 11 50 policy session will roberds federal reserve bank of atlanta reserve management operations how little has changed in 300 years 12 30 lunch break 13 30 keynote by nathan sussman geneva graduate institute from shells to crypto how politics technology liquidity and credibility shape money 14 30 coffee break 15 00 larry neal university of illinois urbana champaign can financial history help the eu develop a safe asset 15 20 alejandra irigoin lse standard error the monetary role of foreign silver in china from qianlong to the fall of qing 15 40 roman zaoral charles university prague m onetisation in medieval bohemia 16 00 nuno palma university of manchester the fraudster and the bank with luís f costa and renato pistola 16 20 closing remarks by the organizers 16 30 conference ends optional drinks dinner around 18 30pm at zouk tea bar grill one comment so far real exchange rates in the european price revolution 10 10 00 00 december 10 00 00 2025 1500 1815 money npalma new interesting work has come out by gregor w smith professor of economics at queen s university in canada influenced by the work that resulted from my phd dissertation namely this paper and its shiprecks follow up it is available here leave a comment the national coal mining museum 8 08 00 00 december 08 00 00 2025 personal and interviews industrial heritage industrial revolution npalma it was worthwhile visiting the national coal mining museum in west yorkshire even though it was not possible to descend to the mines themselves due to industrial action over the past weekend i leave here some pictures leave a comment call for papers global monetary history and policy lessons 17 17 00 00 november 17 00 00 2025 conferences and call for papers development growth npalma arthur lewis lab conference 8 conference title global monetary history and policy lessons to take place at the university of manchester on may 15 2026 this conference is part of the cepr economic history programme and has financial support from the british academy and the leverhulme trust jointly organized by nuno palma university of manchester and hiroki shin university of birmingham with support from katie monaghan and jiaqi yao keynote by nathan sussman geneva graduate institute policy session with jagjit s chadha university of cambridge submissions are welcome apply by sending a paper proposal title and abstract up to 300 words by email to nuno palma and hiroki shin deadline to apply february 2 2026 leave a comment the 2026 hajnal lecture at the university of manchester 31 31 00 00 october 31 00 00 2025 conferences and call for papers npalma the 2026 hajnal lecture will be given om may 14 2026 by dr victoria bateman gresham college london everyone is welcome details in the poster below leave a comment another nobel for economic history 13 13 00 00 october 13 00 00 2025 1500 1815 npalma congratulations to the winners which included joel mokyr for having identified the prerequisites for sustained growth through technological progress this follows several other recent economics laureates who did work with an historical dimension including bernanke goldin and ajr on a personal note it was nice to see the committee s scientific background document citing my work namely that on the reconstruction of historical national accounts about which i ve previously written in this blog leave a comment posts navigation older posts follow blog via email write your email address here to follow this blog by email email address follow join 191 other subscribers facebook page facebook page follow economic growth in history on wordpress com follow me on twitter my tweets most popular posts where can you study for a masters in economic history about how important was colonial trade for the rise of europe interested in doing a phd in economic history on the discrepancies between the original maddison dataset and more recent gdp reconstructions search for blogroll dani rodrik s weblog enlightenment economics diane coyle marc f bellemare agriculture development and food policy mark harrison s blog mark koyama our world in data portugal no longo prazo positive check pseudoerasmus the growth economics blog the long run the million the nep his blog blog at wordpress com economic growth in history blog at wordpress com subscribe subscribed economic growth in history join 191 other subscribers sign me up already have a wordpress com account log in now privacy economic growth in history subscribe subscribed sign up log in report this content view site in reader manage subscriptions collapse this bar loading comments write a comment email required name required website