What was unique about Fogel's approach to economic history?
Focus on oral histories
Use of quantitative data
Emphasis on philosophical context
Integration of psychology
Answer
Fogel's approach to economic history was unique in its use of quantitative data. He believed that economic history should be based on empirical evidence rather than on speculation or theory. To this end, he collected and analyzed large amounts of data on prices, wages, and other economic indicators. This data allowed him to make more accurate and reliable conclusions about the past than had been possible before.
Mastering the Past: The Economic Insights of Robert Fogel
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