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cliometrics
[ klee-oh-me-triks, klahy-oh- ]
noun
- the study of historical data by the use of statistical, often computerized, techniques.
cliometrics
/ ˌklaɪəʊməˈtrɪʃən; ˌklaɪəʊˈmɛtrɪks /
noun
- functioning as singular the study of economic history using statistics and computer analysis
Derived Forms
- ˌclioˈmetric, adjective
- cliometrician, noun
Other Words From
- clio·metric adjective
- clio·metri·cal·ly adverb
- cli·o·me·tri·cian [klee-oh-mi-, trish, -, uh, n, klahy-oh-], noun
Word History and Origins
Origin of cliometrics1
Word History and Origins
Origin of cliometrics1
Example Sentences
In 1960 the field of cliometrics was born, history done with large data sets and statistics, and Henrich wants to show just how far this approach can be pushed.
Both men were in the 1960s vanguard of a field known as cliometrics, which merges economic theory and the statistical analysis of hard numbers raked from the past; Clio is the muse of history in Greek mythology.
While at the University of Washington, where he taught for 33 years, Professor North helped found a branch of inquiry called cliometrics, named for the muse of history, Clio, after he and others had concluded that traditional market-oriented economics faltered in measuring some aspects of economic performance quantitatively.
“That was where we invented cliometrics.’
It does not need Bob Fogel's line of Cliometrics to prove that free markets, the way they uphold the principles of efficiency, they do not do the same when it comes to distributing the benefits; slavery, Fogel showed was an efficient system, but never a just system.
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