Great Wave

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by Fischer, David Hackett;

business cycles, 276–77. See also Kitchin business cycles

  Byzantine Empire, 40, 57, 438

  Caboche, Simon, 52

  Caffa, 41

  Calcutta, India, 110, 308

  Calomiris, Charles W., 426

  Calvinism, 101

  Cambridge Group for the History of Population and Social Structure, 303

  Cameron, Rondo, 413–14

  Canada, 121, 150, 152, 153, 168, 184, 375, 399

  candy bars, 202–3

  capacity utilization, 193, 204–5, 206, 213, 215, 233

  capital. See Returns to capital

  capitalism, 243, 247, 295, 298, 303, 304, 310, 323n20

  Caribbean Islands, 270

  caristia, 23

  Carter (Jimmy) administration, 210, 212, 236

  Cartier, M., 267, 268

  Casimir IV (king of Poland), 56

  Castile, 56, 263

  Catalonia, 40, 97

  catastrophes, 241, 435

  Catherine the Great, 112

  Catholicism, 77, 86, 87, 101

  Chabert, M. A., 409

  Chaloner, W. H., 364

  Chamberlain, Neville, 195

  Charles I (king of England), 269, 270

  Charles V (king of Spain), 91

  Charles VI (king of France), 52

  Charles VII (king of France), 55

  Charleston, South Carolina, 272

  Chartres, France, 10, 11–13, 16–17, 318–19n2, 448

  Chaunu, Pierre, 95, 276, 419

  Chesapeake school, 370

  Chicago, Illinois, 172, 176, 308

  Chile, 104, 232, 271, 375–76, 399

  China: bibliography, 267–68, 376–77, 399, 453, 473–74, 499

  and eighteenth century price revolution, 120

  in fourteenth century, 265, 267–68, 453

  grain prices in, 120

  Ming dynasty in, 269

  population of, 265, 266, 269

  in seventeenth century, 269, 473–74

  and twentieth century price revolution, 195, 499

  Chmielnicki’s Rebellion, 101

  Christianity, 45, 86, 138

  Christopher II (king of Denmark), 40

  Ch’uan Han-sheng, 268

  Cipolla, Carlo, 25, 332n14, 411–12

  classical economics, 168

  Cleary, M. N., 274

  climate: bibliography, 268, 422–23, 448, 450, 465, 475, 495

  and causes of price revolutions, 245–46

  and eighteenth century price revolution, 142, 148, 155, 156, 245–46

  in eleventh century, 267

  and Enlightenment equilibrium, 107

  in fourteenth century, 35, 245, 266–67, 448, 450

  and medieval price revolution, 31, 35, 245–46, 267, 324–25n31

  and Renaissance equilibrium, 330n17

  and seventeenth century crisis, 93, 245

  and sixteenth century price revolution, 93, 465

  in tenth century, 267

  in twelfth century, 267

  and twentieth century price revolution, 245, 246

  and Victorian equilibrium, 157, 169, 171, 495

  “cliometric school, ” 315

  Coatsworth, John, 121, 271

  coefficient of variation, 291

  coefficients of correlation, 338n43

  Colbert, Jean Baptiste, 116

  Cole, Arthur H., 272, 367, 368

  Colebrooke, George, 140, 214

  collective action, 257–58

  Cologne, Germany, 120

  Colombia, 202

  colonies, 110, 121, 149, 271. See also American colonies

  commerce, 168. See also Trade

  commodity prices: in ancient world, 259

  and eighteenth century price revolution, 120, 121, 123, 132, 134–35

  and Enlightenment equilibrium, 105

  and medieval price revolution, 25

  and population, 132

  and Renaissance equilibrium, 49

  and similarities among price revolutions, 238

  and sixteenth century price revolution, 69, 82

  and twentieth century price revolution, 181, 193, 198, 209, 215, 216

  and Victorian equilibrium, 158

  communism, 212, 229–30, 499

  Comoro Islands, 149

  “competitive inflation, ” 202–3

  Congo (Democratic Republic), 377

  Constantinople, 30, 155

  consumer prices: and eighteenth century price revolution, 125, 152, 228

  and equilibrium, 228

  and seventeenth century crisis, 92

  and sixteenth century price revolution, 72, 90, 92, 228

  and twentieth century price revolution, 182, 183, 187, 198, 199, 200, 204, 205, 209, 210, 211, 215–16, 217, 220, 226, 228, 228

  and Victorian equilibrium, 158, 170

  Copernicus, Nicolaus, 84

  Corfu, 58

  Corsica, 41, 141

  cost-push inflation, 126, 278, 280, 428

  Cracow, Poland, 75

  Crandall, Ruth, 368

  Crash of 1987, 215

  Crete, 58

  crime: and capitalism, 310

  causes of, 309–11

  control of, 309–11

  and eighteenth century price revolution, 144, 145, 146–47, 305, 306, 306, 308

  empirical evidence about, 311

  and “enforcement waves, ” 310

  and Enlightenment equilibrium, 110, 111

  and equilibrium, 225, 239, 309

  and food prices, 94

  in fourteenth century, 35–36, 37, 38, 306, 306

  and inequalities, 309

  and medieval price revolution, 35–36, 36, 37, 305, 306, 306

  and price revolutions, 248, 250, 305–11, 306, 309

  secular trends in, 305–6, 306

  and seventeenth century crisis, 94, 306

  and similarities among price revolutions, 238, 239

  and sixteenth century price revolution, 94, 94, 305, 306

  and twentieth century price revolution, 225, 226, 230, 305, 306, 306, 308, 310

  and Victorian equilibrium, 172, 176, 308

  and wages, 309

  and wars, 145

  waves of, 306–8, 311

  Crimea, 41, 57, 162, 171

  Crusades, 13

  Cuba, 232, 377

  cultural issues: in ancient world, 259

  bibliography, 426, 447–48, 459, 468, 469–70, 478, 485, 496, 501

  and causes of price revolutions, 243, 246–51

  and consequences of price revolutions, 250–51

  and differences among price revolutions, 240, 241

  and eighteenth century price revolution, 118, 154–55, 485

  and Enlightenment equilibrium, 103, 113, 239, 478

  and equilibrium, 239, 249

  and fourteenth century crisis, 45

  and inequalities, 294

  and Marxism, 243

  and medieval price revolution, 45, 447–48

  and Renaissance equilibrium, 239, 459

  and seventeenth century crisis, 100–101, 469–70

  and similarities among price revolutions, 237, 238, 239

  and sixteenth century price revolution, 75–76, 468

  and twentieth century price revolution, 501

  and Victorian equilibrium, 174–75, 239, 496. See also art and architecture; Family disintegration; literature; music; Social issues

  cycles, 9, 158, 273–77, 318n7, 415–19 See also specific cycle

  Cyprus, 58

  Czechoslovakia, 377, 400

  Daiches, David, 110

  Dakin, E. F., 277

  Danish War (1864), 157

  Darwinism, 177

  data: need for, 254–55

  Dati, Gregorio, 331n24

  Davis, Lance, 414

  Day, John, 48, 315, 369–70

  Day, Richard B., 273

  De Beers syndicate, 202

  Deane, Phyllis, 413

  debasements: and Enlightenment equilibrium, 109

>   and medieval price revolution, 25, 26, 32, 34, 285–86

  purpose of, 285–86

  and sixteenth century price revolution, 86, 89, 90, 90, 337n38

  debt, 223, 238, 248. See also Debasements; Politics; Recoinages

  deep change, xv

  deflation, 192–93, 196, 232, 238, 249, 429

  Delbeke, Joseph, 274

  demand-caused inflation, 23, 126, 244–45, 247, 249, 280, 428. See also Population

  demographics. See Family disintegration; Population

  Denmark: bibliography, 377–78, 400

  and eighteenth century price revolution, 131, 132

  farm abandonment in, 47

  fiscal crisis in, 100

  and fourteenth century crisis, 40, 47

  medieval price revolution in, 40

  population in, 47

  and Renaissance equilibrium, 47

  returns to land in, 131

  and seventeenth century crisis, 100

  and sixteenth century price revolution, 88, 100

  social unrest in, 40, 100

  and twentieth century price revolution, 203

  and Victorian equilibrium, 171

  wages in, 132

  and wars, 171. See also Scandinavia

  deregulation, 210, 224

  Descartes, René, 101

  Despenser family, 39

  detrending, 5, 9, 277

  Dewey, E. R., 277

  dialectical models of inequalities, 295–96

  diamonds, 202

  disease: bibliography, 451–52

  and differences among price revolutions, 240

  and Enlightenment equilibrium, 110

  and fourteenth century crisis, 41, 45–46, 240, 451–52

  and medieval price revolution, 240

  and population, 41, 44–45

  and Renaissance equilibrium, 45–46, 48, 53

  and seventeenth century crisis, 94–95, 341n1

  and sixteenth century price revolution, 68, 87, 94–95

  and twentieth century price revolution, 186, 191, 229

  and war, 41. See also Black Death

  disettes, 31, 53, 107

  Disraeli, Benjamin, 164

  Dobb, Maurice, 434

  Dornbusch, Rudiger, 426

  Dracul, Vlad, 57

  Drake, Francis, 91

  Dretske, Fred, 314–15

  drugs, 225, 227, 228, 239, 248

  Dublin, Ireland, 110

  Duncan-Jones, Richard, 261, 262

  Dunn, Marshall, 287

  Dutch tulip mania, 280

  Dyer, Christopher, 290

  Eastern Europe: bibliography, 444–45, 464, 473, 480, 498

  and eighteenth century price revolution, 124, 132, 480

  hyperinflation in, 193, 499

  and late twentieth century crisis, 229, 230, 233

  and medieval price revolution, 444–45

  money in, 193, 283

  politics in, 229–30, 240–41

  population in, 72, 124, 233

  price controls/rationing in, 212

  and seventeenth century crisis, 473

  and sixteenth century price revolution, 72, 464

  social unrest in, 473

  Teutonic Knights in, 13

  and twentieth century price revolution, 193, 198, 212, 229, 230, 233, 499

  wages in, 132. See also specific nation

  ecology, 8, 23, 241, 245–46, 294–95, 422–23, 450–51, 469. See also Climate

  economic growth: bibliography, 423

  economic theory, 312–16, 426–32. See also specific person or theory

  economic wars, 153

  economics: as academic discipline, 426

  classical, 168

  and “cliometric school, ” 315

  and Enlightenment, 116

  ethics of, 447

  and history, 245, 281, 312–16

  laisser faire, 116

  macro-/micro-, 426

  and problematiques, 315–16, 369–70, 434

  science of, 116

  theory-centered thinking in, 312–16

  and Victorian equilibrium, 177. See also Annales school; specific model

  Ecorcheurs, Rebellion of, 53

  Edinburgh, Scotland, 110

  Edward I (king of England), 32

  Edward II (king of England), 35, 36–37, 39–40

  Edward III (king of England), 285

  Edward IV (king of England), 285

  Edward VI (king of England), 337n38

  Edwards, Jonathan, 113

  Egypt, 155, 231, 259, 262, 436

  Ehrard, Jean, 116

  eighteenth century price revolution: beginning of, 120–26

  bibliography, 478–85

  causes of, 245–46, 249

  cultural response to, 126–34

  dates of, 4, 346n3, 346n4

  and instability, 134–42

  and medieval price revolution, 132, 152

  revolutionary crisis in, 142–56

  and sequential differences among price revolutions, 239–46

  sixteenth century price revolution compared with, 152, 352n16

  and structural similarities among revolutions, 236–39

  and Victorian equilibrium, 156–77. See also specific topic, nation or geographical area

  Einaudi, Luigi, 368, 408

  Eklund, K., 275

  Eleanor (queen of England), 29

  Elizabeth I (queen of England), 49, 92

  Elliott, J. H., 91

  Elsas, Moritz, 367

  Elvin, Mark, 265, 267

  empirical evidence, 297–98, 300, 311

  energy prices: bibliography, 425

  and causes of price revolutions, 247

  and eighteenth century price revolution, 123, 123, 124, 126, 153, 352n18

  and Enlightenment equilibrium, 103, 347n9

  and medieval price revolution, 21, 35

  and similarities among price revolutions, 237

  and sixteenth century price revolution, 74, 75, 76, 92, 334n22

  and twentieth century price revolution, 208–9, 209, 210, 212, 213, 215, 216, 218, 218

  England: banking in, 110

  beginning of medieval price revolution in, 11, 18, 19, 19, 20, 20, 21, 22, 23

  climate in, 93

  commodity prices in, 121

  consumable prices in, 3, 4, 72, 90, 92, 125, 158

  crime in, 36, 94, 111, 145, 305, 306, 306, 308, 309

  debasements in, 26, 285, 286, 337n38

  disease in, 41, 44, 87, 89, 95, 451–52

  and eighteenth century price revolution, 120, 121, 123–24, 125, 129, 131, 132, 133, 141, 144, 145, 153, 155, 282, 479

  emergence of market economy in, 263

  energy prices in, 21, 74, 75

  and Enlightenment equilibrium, 103, 104, 104, 105, 107, 108, 109, 110, 111, 111, 112, 113, 344n9, 347n9, 348n13

  family disintegration in, 302, 303

  famine in, 89

  food prices in, 74, 75

  and fourteenth century crisis, 35, 36–37, 36, 38, 39–40, 44, 44, 306, 451–52

  grain prices in, 6, 18, 19, 20, 21, 22, 31, 35, 50, 51, 74–75, 74, 77, 87, 89, 92, 94, 143, 328–29n6, 34052, 344n9, 347n9

  inequalities in, 36–37, 80, 86, 108, 144, 165, 300

  interest rates in, 104, 105, 107, 162, 164

  and international exchange, 32–33

  manufactured goods in, 74–75, 74, 75

  medieval price revolution in, 11, 18, 19, 20, 21, 22, 24, 26, 27, 33, 35, 36–37, 36, 38, 39–40, 44, 305, 319n8, 321n12, 323n21, 442–44

  money in, 24, 26, 32, 82, 89–91, 90, 91, 104, 109, 263, 282, 283, 285–86, 337n38, 466

  peasants in, 28–29, 49, 55

  politics in, 56, 111, 112

  population in, 20, 20, 44, 44, 72–73, 72, 73, 85, 87, 110, 123–24, 125, 167, 321n12, 333n17, 348n13

  price controls in, 35

  primary sources about, 392–94

  recoinages in, 26, 337n38

  religion in, 87, 101


  and Renaissance equilibrium, 46–47, 49, 50, 51, 53, 55, 55, 328–29n6, 457

  rents in, 77, 79, 79, 104, 105, 130, 131, 161

  returns to capital in, 107, 108, 162, 164

  returns to labor in, 27, 53, 104, 133, 160

  returns to land in, 126, 131, 161, 164

  romanticism in, 155

  secondary sources about, 442–44, 451–52, 457, 462–63, 466, 472–73, 479, 487, 490–91

  and seventeenth century crisis, 91–92, 92, 93, 94, 95, 96, 97, 101, 472–73

  silver in, 24, 81, 263, 333n15

  and sixteenth century price revolution, 69, 70, 72–73, 72, 74, 74, 75, 77, 78, 79, 79, 80, 81, 82, 85, 87, 89–92, 89, 90, 92, 93, 94, 96, 97, 101, 333n15 335n27, 337n38 34052, 462–63, 466

  social unrest in, 39–40, 49, 55, 77, 79, 97, 111, 141, 472–73, 487, 490–91

  trade in, 23, 323n21

  and Victorian equilibrium, 158, 159, 160, 161, 162, 164, 165, 167, 172

  wages in, 27, 53, 55, 74, 78, 104, 104, 108, 132, 133, 153, 159, 160, 335n27

  and wars, 38, 46–47, 52–53, 55, 97, 121, 145

  welfare in, 153. See also Britain; London, England

  Enlightenment, 112–13, 114–15, 116, 138, 154, 345–46n23. See also Enlightenment equilibrium

  Enlightenment equilibrium, 5, 102–16, 120, 128, 160, 166, 239, 251, 252, 303, 474–78. See also specific nation or topic

  environment. See Climate; Ecology

  equilibrium, 168, 225, 228, 238–39, 246–47, 252, 259, 323n20. See also Enlightenment equilibrium; Renaissance equilibrium: Victorian equilibrium

  Erzberger, Mattias, 193

  Escudier, Jean-Louis, 274

  Etz, Donald V., 274

  Europe: America price movements compared with, 271–72

  in eighteenth century, 271–72

  grain prices in, 6

  historical compilations about, 371–72

  inequalities in, 257, 300

  money in, 283, 284

  politics in, 240

  population in, 13, 19, 44–45, 96, 166

  revolutionary crisis in, 151, 240. See also Old World; specific nation or geographical area

  European Economic Community, 213

  Everdon, John de, 32

  exchange, money of, 282–84

  Fair Labor Standards Act (U.S.), 201

  family disintegration: and capitalism, 303, 304

  causes of, 301–2, 304

  and causes of price revolutions, 248

  and consequences of price revolutions, 250

  and eighteenth century price revolution, 136, 137, 173, 302, 303, 304

  and Enlightenment equilibrium, 303

  and grain prices, 173

  overview of, 239, 301–4, 303

  in seventeenth century, 302, 304

  and similarities among price revolutions, 238, 239

  and sixteenth century price revolution, 302, 303, 304

  and twentieth century price revolution, 173, 228, 228, 302, 303, 304

  and Victorian equilibrium, 173, 176, 302, 303, 303, 304

 

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