Wednesday, March 1, 2006

Economics in History, Part II

While the link I'm going to suggest may be a bit much for your students, it is certainly good background if you're teaching trade in economics, or if you teach a course in European or World History that includes the 19th Century.

The Economist is a well-respected periodical. Some people think of it as the British predecessor to U. S. News & World Report. I won't get into whether it is or isn't. Suffice it to say that the British magazine has been around longer and is a good review of news and economic events from outside the U.S.

On the website of The Economist, there is a link that will take you to the text from the Preliminary Number, dated August 5, 1843. The text, while lengthy, provides a contemporary view of English trade, and lays out the case for the magazine. It discusses trade in coffee, sugar, wool and wheat, and the impact of trade barriers on these basic items.

You might well want to take a look. But do so when you have the time to examine it. I think you'll find it useful and interesting in providing background for your classes.

Posted by TSchilling at March 1, 2006 4:40 PM

The date of the article is, as you note, August 5, 1843. Right below it says it is from the print edition. I am glad The Economist clarified that because I thought it might have been from The Economist's 1843 World Wide Web edition.

Posted by: Tom at March 1, 2006 7:33 PM

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