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Eric Hilt is a professor of economics and economic historian at Wellesley College. Today, he joins the show to discuss his new journal article *Economic History, Historical Analysis, and the \u201cNew History of Capitalism,\u201d* which examines the growing debate between economic historians and historians of capitalism over issues such as slavery and economic growth. Eric also shares his thoughts on the \u201cCliometric Revolution,\u201d which transformed the way many economic historians conduct their analysis. David\u2019s blog: macromarketmusings.blogspot.com/ Macro Musings podcast site: macromusings.com David\u2019s Twitter: @DavidBeckworth Eric Hilt\u2019s Wellesley profile: http://www.wellesley.edu/economics/faculty/hilte Related links: *Economic History, Historical Analysis, and the \u201cNew History of Capitalism\u201d* by Eric Hilt. Journal of Economic History, June 2017. https://www.cambridge.org/core/services/aop-cambridge-core/content/view/E17BEA48B930F6F25F328B5A79332A6E/S002205071700016Xa.pdf/economic_history_historical_analysis_and_the_new_history_of_capitalism.pdf *Economic Effects of Runs on Early 'Shadow Banks': Trust Companies and the Impact of the Panic of 1907* by Carola Frydman, Eric Hilt, and Lily Y. Zhou. NBER, July 2012 http://www.nber.org/papers/w18264 *Time on the Cross: The Economics of American Slavery* by Robert Fogel and Stanley Engerman https://www.amazon.com/Time-Cross-Economics-American-Slavery/dp/0393312186 *Railroads and American Economic Growth: Essays in Econometric History* by Robert Fogel *Old South, New South: Revolutions in the Southern Economy since the Civil War* by Gavin Wright https://www.amazon.com/Old-South-New-Revolutions-Southern/dp/0807120987