New Economic History

New Economic History, also called cliometrics, is an approach that uses economic theories and quantitative data like statistics and models to analyze historical events and trends. It aims to understand how economic factors influenced historical developments such as growth, inequality, and social change. By applying rigorous data analysis, it moves beyond basic narration to uncover patterns and causal relationships, providing a deeper, more precise understanding of history’s economic dimensions. This method often involves collaboration between historians and economists to reinterpret the past through a modern, analytical lens.