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An Economic History of the World since 1400

Written by: Donald J. Harreld,The Great Courses
Narrated by: Donald J. Harreld
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Publisher's Summary

Most of us have a limited understanding of the powerful role economics has played in shaping human civilization. This makes economic history - the study of how civilizations structured their environments to provide food, shelter, and material goods - a vital lens through which to think about how we arrived at our present, globalized moment.

Designed to fill a long-empty gap in how we think about modern history, these 48 lectures are a comprehensive journey through more than 600 years of economic history, from the medieval world to the 21st century. Aimed at the layperson with only a cursory understanding of the field, An Economic History of the World since 1400 reveals how economics has influenced (and been influenced by) historical events and trends, including the Black Death, the Age of Exploration, the Industrial Revolution, the European colonization of Africa, the collapse of the Soviet Union, and the birth of personal computing. Professor Harreld has crafted a riveting, centuries-long story of power, glory, and ideology that reveals how, in step with history, economic ideas emerged, evolved, and thrived or died.

Along the way, you'll strengthen your understanding of a range of economic concepts, philosophies, trends, treaties, and organizations, including the mercantile system, Adam Smith's The Wealth of Nations, Marxist economics, African independence movements, and the formation of economic organizations including the European Union. You'll also consider provocative questions about the intersection of history and economics. What did the economies of Roosevelt's America and Hitler's Germany have in common? What does history tell us about how nations should dictate economic policy? Can we say that free trade is truly free?

Marvel at just how much we still have to learn about the economic forces that have dictated our past - and that will dictate our future.

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your Library section along with the audio.

©2016 The Great Courses (P)2016 The Teaching Company, LLC

What listeners say about An Economic History of the World since 1400

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Everything I hoped for

I have been looking for a concise summary of economic/financial history for some time. This did a terrific job of giving just enough time and attention on each of the major economic developments of the past several centuries, while still maintaining a brisk enough pace to tackle over a month's worth of commuting to work. As many of the reviews mentioned, the editing (or lack thereof) leaves much to be desired. However, the content was so rich it was forgivable. Overall, a solid purchase.

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It's ok.

There's plenty of useful information here but it feels more like a high school corse than a university level one.

It all has a lot to do with technological change and not very much at all to do with monetary history which was what I wanted out of it.

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Not an Unbiased Account; Disorganized

I thought this was going to be an unbiased account of economic history but the author praises capitalism and ridicules Marx several times in the book. Also declared universal basic income to make people lazy and unproductive despite every study done on it to show otherwise. This basic disregard of facts is concerning considering I'm relying on this book to teach me facts. The information is very scattered and there is no smooth connection between the chapters.

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More like this Economic history of white people

So much was happening out in the East at this time but too much was just glossed over

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worth listening

great breakdown in easily digested chapters. not sure I'm ready for a career change but I can follow along with the talking heads on the news better.

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Enjoyed This

Very thorough treatment of world economic history. Clear, focused, and captivating, despite the complexity of the subject.

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Good overview

I've previously learned about events discussed in this book in punctuated timelines, but this helped connect those together.

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  • D O
  • 2020-10-05

Excellent Course! Filled with lots of history

really enjoyed it once I got a couple of hours into it. the narrator was doing his best and got a bit more comfortable as it proceeded. I love history and I think this one should be standard for high school kids. the material was easy to follow and the concepts were easy to grasp.

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Love this!! So good!!

I have listen to over 150 audio books and the educational clarity of this one makes it one of the best academic audio books I've listened to. The brilliantly organized and systematic lecture format make it easy to follow and comprehend and yet the information is so fascinating. Definitely makes my top 10 list!

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A lot of very interesting information

I am amazed by the amount of pertinent information and how it was organized, I personally like the most the last five chapters and the last one is a very good summary the provides very good insight. It is really a very good course an worth listening to it. Highly recommended

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  • P. Smith
  • 2017-01-12

Great Courses...NOT!

What would have made An Economic History of the World since 1400 better?

Actually discussing some economics. This author seems not to have any desire to discuss anything but preaching the dogma of Keynesian theory

What do you think your next listen will be?

No idea, but non fiction

What three words best describe Professor Donald J. Harreld’s performance?

Biased, boring, simplistic

What reaction did this book spark in you? Anger, sadness, disappointment?

Anger, disappointment

Any additional comments?

So much lacking. So much misinformation. Example: he righty states that the British starved the Indian subcontinent for their cash crops, but when they did the same to the Irish, he blames the Irish, not mentioning that there was plenty of food to feed the Irish but it was shipped back to England to make whiskey and rye. nor that the British. we're determined to depopulate Ireland. he seems never to have heard of many of The economists of the 19th and twentieth century, Schopenhauer, Von Mises, Von Hayek, Rothbard, etc. These economists don't fit his world view that governments should control all things economic. he lauds the Soviet Union for its " progressive" economics, failing to mention the millions deliberately starved to death by these policies.
I have been listening to great courses for at least 30 years, since the days of cassette tapes. Never before have I been completely disappointed. this is NOT a great course. This's is not even a mediocre course. this is economic brainwashing 101

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  • Tristan
  • 2016-11-10

Slightly incoherent

I wish prof. Harreld would drop the written lecture and just talk about the subject he loves.

As it is, by apparently reading verbatim, he somehow has the worst of both worlds. On the one hand, his delivery sounds stilted and he garbles the meaning of sentences in an effort to sound natural. He refers to "extraordinary taxes," like they were HUGE, but in the next sentence it becomes clear he had meant the word in the legalistic sense of "extra-ordinary," as in ad-hoc. The listener is repeatedly thrown off-course and has to catch back up.

On the other hand, writing the lecture out hasn't contributed structure or coherence. He jumps back and fourth between times and subjects, introduces big thoughts only to abandon them, fails to wrap up themes or tie events back to his central ideas.

In short, I couldn't finish it. I got to the opening of global shipping lanes and jumped ship.

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  • Rick
  • 2016-10-27

Good content, tough to listen

If you're going to invest this kind of time into a subject you are obviously interested in it or at the very least, you are curious about it. In that regard, the audio book is interesting and educational. The narrator is tough to listen to. so many mistakes and miscues. How can The Great Courses not edit their audio books? Very disappointing as it took away from the content.

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  • Earth Lover
  • 2016-09-19

Wish I'd Taken This Class As an Undergrad!

Any additional comments?

Excellent introductory survey. The half-hour lecture format limits in-depth discussions, but the author packs a lot into each session. Some coverage of non-Euro cultures such as China and Japan as well as the expected chapters on the textile industry, Industrial Revolution, Finance Capitalism, etc.
This is an inspiring undergrad-level course I wish had been offered when i was in school.

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  • Mike
  • 2016-11-11

History for Economists, not vice-versa

Any additional comments?

This is very much a history lesson for economists, not economics for history buffs. If you are expecting the former you'd probably rate this higher. Not a bad course by any means, but in a milieu (The Great Courses) already bursting with amazing history courses, this book doesn't really stand out.

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  • Zombie Reader
  • 2017-06-16

Economics fueled by Innovation & Invention

Any additional comments?

An enlightening, informative and enjoyable listen for anyone interested in what makes the world go around - or at least a big cog in the machine that makes it turn. Presented in a clear and concise format that is chronological and easy to follow. The narration by Prof. Herrald fits the topic well.

He begins with a bit of pre-history that leads up to 1400 so we understand the mind set of people at the time vis a vis money, trade & power. Then Prof. Herrald leads us on a journey that marks the major innovations that disrupted, transplanted or changed the major centers of trade & finance around the world. He identifies the reasons why some failed (mostly for lack of ability to adapt to new technologies) while others thrived and grew.

Worth noting is that it is not so much a history of economics as a history of how innovation & technology have driven change in human prosperity over the last 2000+ years. I would have loved more on how wealth (and desire for it) influenced actions. That is likely an entire course on its own.

This is one of the better TGCs I've had the opportunity to listen in on. If you are interested in the history of economics or technology this is a good primer.

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  • Mutant Daddy
  • 2016-10-05

Repetitive in the Extreme

A basic history, which is fine. The professor repeats himself so many times that after awhile the listener can predict the exact phrase coming based on the what has been heard before.

In short, far too much filler in the Parmesan...

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  • buddy
  • 2016-12-10

Should be a required history class

The material in this book is outstanding. it provides a great framework for world history from the 1400s. As such it should be a first history book to read. As the title says this is a great course. It is not dramatic. But I couldn't stop listening to it because of the depth of the subject material.

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  • George Methvin
  • 2016-09-26

liberal leaning but!

Once you get past all the liberal buzz words the historical information makes it worth the effort. really appreciate the opportunity to hear the history in this format.

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  • j.torres
  • 2016-11-04

Too much anti-European bias

What would have made An Economic History of the World since 1400 better?

You really can't talk about economic history without giving a large amount of credit to the Western powers. I understand the intellectual climate of our age is heavily anti-European. It can be found in almost all "the Great Courses" to some extent, but this lecture is simply relentless. He paints the Islamic and Asian worlds as virtual gardens of Eden, with no real explanation of how or why the west, (if it really was a "backwater") emerged as the worlds economic powerhouse. I don't want to be too "pro-west" either, but a little balance is desperately needed. I don't think there was one sentence uttered criticizing the Islamic or Asian world for many of their developmental faults(and there are many!), which is just another sign of the bias which permeates our culture as a whole. For a real economic history of the world and it's major thought developments see "An Austrian Perspective on the History of Economic Thought" by the late Murray Rothbard. It's insightful, more balanced and from an actual economist.

What didn’t you like about Professor Donald J. Harreld’s performance?

He is a very smart man, but more of a historian who knows a few economic terms. This would be great from an economist who understands history. The narrative tends to be dry, sounds like he's just reading from a book.

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  • Anonymous User
  • 2022-06-29

Very extensive review of economic history

Great book. A bit long but the narrator makes it lively. So many examples and illustrations of historical economic events.

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  • Vincent Hache
  • 2018-12-17

Great course

Very interesting book on the economy. I thought there would be more on the war-time economies, most notably during WW1.

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