Austrian Economics Wiki talk:WikiProject Economic History

Inflation in the Weimar Republic

I've added a bunch of statistics to the article and can add some more, but the article could use some more human perspective on the effects of the inflation. For now, it mostly says, "it was bad". There's got to be more to be said about a hyperinflation. Pestergaines 17:25, 23 November 2010 (CST)

Agreed. I will help you as I can. I hope in the end I will have a link that I can quickly send to others and just say: "Just read this and you'll know what I mean"! Portuguese 06:35, 24 November 2010 (CST)

Userbox

I've created a userbox for the project, try {{User WikiProject Economic History}} (e.g. on your userpage). Looks nice by itself, but I run into problems when trying to align it against existing text properly. Does anybody know how to use that thing? Pestergaines 04:09, 28 November 2010 (CST)

Example:

This user is a member of the Economic History project.

Okay, one possibility is to use the {{Clear}} template after it. Pestergaines 04:25, 28 November 2010 (CST)

Inflation in Nazi Germany

I've added a new article on the Inflation in Nazi Germany and it could use some care. I worry about the readability and it could definitively use more references (the links are a good place to start, they contain a lot of good information). Can anybody help out? Pestergaines 11:25, 28 November 2010 (CST)

Next article

Once through with the newest article, what topic can we attend to? Several possibilities come to mind:

• Hyperinflation in Zimbabwe is still in recent memory and deserves a full article.
• The greenback inflation during the American Civil War will surely be of interest for many US readers.
• But we could also go into most recent history, and map out the current economic crisis some more, with emphasis on countries, that are becoming more and more interesting in this context (say, Ireland or Spain).

Any further ideas? Pestergaines 11:25, 28 November 2010 (CST)

OR how about the monetary crisis in the EU, which seems like a hot topic too, pushing many buttons, with some history behind it and plenty of current events? Pestergaines 17:42, 2 December 2010 (CST)

I'd be interested in working on American Civil War-related topics. I can focus more on the general history though, using Hummel's work as a source. --Forgottenman (talk) 20:21, 2 December 2010 (CST)

That sounds like a good angle - don't have much sources on the war itself, but maybe we can milk whatever we find on the greenback inflation and enhance the general topic while making a foundation for the more specific one. Do you need assistance with anything? (You could e.g. enter the raw text and leave the wikification, linking, etc. on us.) Division of labor rules! Pestergaines 07:43, 3 December 2010 (CST)

• I don't know many details, as WikiLeaks (no relation to Mises Wiki, folks!) has not yet provided them, but it seems a major release of highly revealing internal goings-on at a major U.S. bank is due from WikiLeaks early in 2011. Pointing out the Austrian angle to the, um....stuff hitting the fan as we learn it could end up really hot. -- RayBirks 20:40, 2 December 2010 (CST)

There is some stuff on the crisis, so maybe we could expand that, or carve out a part and concentrate on the US banking industry during the crisis on a separate page, with regulations, bailouts and moral hazard. What do you think? Pestergaines 07:43, 3 December 2010 (CST)

Here's a thought: complete the History of money and banking. And I don't mean completing the whole thing, which would be a major project by itself, but merely add the missing key events to form an outline, something to hang things on. Pestergaines 07:40, 13 December 2010 (CST)

Crisis

Which financial crises were significant enough to be focused upon with priority? (WP helps out.) Please comment below, add and suggest which ones are of secondary interest; or which ones should be renamed. Pestergaines 17:43, 13 December 2010 (CST)

• Tulip mania
• 1720: Bursting of South Sea Bubble (Great Britain) and Mississippi Bubble (France) – earliest of modern financial crises; in both cases the company assumed the national debt of the country (80–85% in Great Britain, 100% in France), and thereupon the bubble burst.
• Crisis of 1772
• Panic of 1792
• Panic of 1796–1797

• Danish state bankruptcy of 1813
• Panic of 1819 – pervasive USA economic recession w/ bank failures; culmination of U.S.'s 1st boom-to-bust economic cycle
• Panic of 1825 – pervasive British economic recession in which many British banks failed, & Bank of England nearly failed
• Panic of 1837 – pervasive USA economic recession w/ bank failures; a 5 yr depression ensued
• Panic of 1847 - a collapse of British financial markets associated with the end of the 1840s railroad boom.
• Panic of 1857 – pervasive USA economic recession w/ bank failures
• Panic of 1866 – the Overend Gurney crisis (primarily British)
• Panic of 1873 – pervasive USA economic recession w/ bank failures, known then as the 5 yr Great Depression & now as the Long Depression
• Panic of 1884
• Panic of 1890
• Panic of 1893 – a panic in the United States marked by the collapse of railroad overbuilding and shaky railroad financing which set off a series of bank failures
• Australian banking crisis of 1893
• Panic of 1896 - an acute economic depression in the United States precipitated by a drop in silver reserves and market concerns on the effects it would have on the gold standard

• Panic of 1901 – limited to crashing of the New York Stock Exchange
• Panic of 1907 – pervasive USA economic recession w/ bank failures
• Panic of 1910–1911
• 1910 – Shanghai rubber stock market crisis
• Wall Street Crash of 1929, followed by the Great Depression – the largest and most important economic depression in the 20th century
• 1973 – 1973 oil crisis – oil prices soared, causing the 1973–1974 stock market crash
• Secondary banking crisis of 1973–1975 – United Kingdom
• 1980s – Latin American debt crisis – beginning in Mexico in 1982 with the Mexican Weekend
• Bank stock crisis (Israel 1983)
• 1987 – Black Monday (1987) – the largest one-day percentage decline in stock market history
• 1989–91 – United States Savings & Loan crisis
• 1990 – Japanese asset price bubble collapsed
• early 1990s – Scandinavian banking crisis: Swedish banking crisis, Finnish banking crisis of 1990s
• 1992–93 – Black Wednesday – speculative attacks on currencies in the European Exchange Rate Mechanism
• 1994–95 – 1994 economic crisis in Mexico – speculative attack and default on Mexican debt
• 1997–98 – 1997 Asian Financial Crisis – devaluations and banking crises across Asia
• 1998 Russian financial crisis

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Still don't feel to be done with the last page and have to do some study before moving on to another one. In the mean time, though, how about starting a concerted push towards making basic pages for most or all crises above? I would like to attract more people interested in historical topics.

We could call it, say, "Operation: Panic Time" and advertise around a little. I can start during the weekend. It's not hard to produce stubs, and looking at Wikipedia, there's often very little actual content, especially in the older pages, so we could surpass it rather easily (given good resources, of course). Thoughts? Pestergaines 11:47, 14 December 2010 (CST)