In this class we will learn both economics and history. The tools of economics will help us to understand history, and the events of history will help us to understand economic processes, and may lead us to revise economic theories. Economic history allows us to find out what happens when we can no longer hang on to those simplifying assumptions that economists hold so dear.
Economic history is about paying attention to institutions.
Our learning in this class will include two types of statements, facts and claims. Facts are statements that, for the purpose of this class, are not disputable. While every statement is in principle disputable, you do not have the tools to challenge the facts. Claims, however, are conclusions based on argument and fact. Claims are disputable, and one of the things you will learn is how to make arguments that support or refute such claims.