
ECONOMIC HISTORY IN SPAIN. A short journey from the beginning to the final consolidation.
The institutionalization of economic history in the Spanish university took place in the 1960s, with its introduction in Economics curriculums, and the endowment of the first Chairs. However, early studies on economic history date back to the Enlightenment period, though it was in the twentieth century when schools and the first economic historians emerged as researches and, above all, as teachers.
Los primeros impulsos: de la Ilustración a comienzos del siglo XX

Antonio de Capmany de Montpalau y Saurís
(1742- 1813)
His works about the history of the Catalan economy are still a reference and were one of the intellectual foundations of the revival of the Catalan nationalist movement.

Manuel Colmeiro y Penido (1818-1894)
As an economist, he conducted a major research on the Spanish economic history and thought. |
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The tradition of studies within economic history dates back to the Enlightenment. The works of Asso1, Capmany2, Labrada3, Cavanilles4, Larruga5 y Gallardo Fernández6 -some of the most influencial authors in the late eighteenth and early nineteenth century- are among the pioneers. The first impulse was maintained during the first half of the nineteenth century thanks to contributions of Canga Argüelles7 and Ramon de la Sagra8, even so the conditions for its development were not very favorable because economics lacked university studies in Spain until mid twentieth century. Only a few case studies in Law History addressed collateral economic issues: Manuel Colmeiro9, Rafael Altamira10 or Costa11 are some of the most significant authors.
Throughout the first third of the twentieth century, economic history found a place at the Law Colleges, particularly in the History of Law. s de Derecho, sobre todo bajo la tutela de la Historia del Derecho. Ramón Carande, considered as the first economic historian, developed his research from his Chair of Hacienda Pública at the Faculty of Law, University of Murcia in 1915, which he later continued in Seville. At that time, economic history has benefited from the intellectual influence of authors such as Sanchez Albornoz, Garcia Valdeavellano and Torres López, gathered around the journal Anuario de Historia del Derecho Español, where members of the French school of Annales such as Marc Bloch published their works.
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The influence of Hispanic American in the 1930s and 1940s

Among Hispanic Americans, Professor Earl J. Hamilton (1899-1989) occupies a pivotal position. The first edition of the flowering of capitalism was published in Revista de Occidente (1948) and was in critical discussions about the modern economic history of Spain and Europe and also in the history of economics thought in the modern age.. |
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A new impetus came from the hand of Hispanic Americans in the years before the Spanish Civil War: Hamilton, Klein, Hussey, and Usher engaged in the study of the imperial period and Edwin Gay´s disciples. Their influence marked the birth of economic history in Spain, with clear links to the German Historical School. This first generation of economic historians, Flores de Lemus´ disciples, formed in German universities such as Ramón Carande and Antonio Matilla Tascón.
Around 1933, Keynes's visit to the Free Education Institute lives on in memory, economic studies were established at the Universities of Barcelona, Madrid, and Valencia. But the outbreak of the Civil War and the long postwar period had negative effects on both the teaching of economics and economic history in Spain. The exile deprived both subjects of many of the scholars who had contributed to their improvement. The intellectual environment for those who stayed herewas extremely hostile. Economic history works were suspected to have been based on historical materialism. Away from their professorships, the Moneda y Crédito journal was the only means for economic historians. In exceptional circumstances, Ramón Carande could publish Carlos V y sus Banqueros (V Charles and his Bankers) in 1943, the most ambitious and comprehensive monograph ever written by a Spanish economic historian. Also, Larraz´s investigations came to light, the first works dealing with the opressed Spanish nineteenth century.
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The influence of Hispanic French in the 1950s
In the late 1950s the economic history of Spain overcame the postwar lethargy. Again, the contribution of law historians such as as Maravall and Garcia Valdeavellano proved decisive. The emergence of specialized journals allowed the publication of economic history works such as Información Comercial Española, Revista Economía Política y Anales de Economía, además de Moneda y Crédito.
One more, the major impulse came from the Hispanists, mainly French and Belgian: Lapeyre, Braudel, Benassar and Vilar. Their research on Spanish economic history in the Middle Ages and modern times brought them to the archives in Valladolid, Barcelona, and Madrid, where they met young historians who became excited with the study of socio-economic issues and taught Labrousse´s and Annales´ analysis techniques. Jaume Vicens Vives and Felipe Ruiz Martín`s works owe much to the intellectual exchange between these historians. The latter studied with Ferdinand Braudel at the CNRS of Paris between 1953 and 1957 clarifying some of the most intricate and unknown aspects of the Spanish finances at the Habsburg period, following Ramón Carande historiographical path.
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The French historian Pierre Vilar was particularly influential. Professor at the Sorbonne in Paris, he started in the historical school of Ernest Labrousse and led a new historiographical trend advocating for history as a whole, in which economic and social history played a major role. His work exerted great influence on Spanish historiography, particularly Catalonia, during the years 1960-1970.
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Institutionalization of economic history: Early years

José Larraz López
(1904-1973)
In 1943 he joined the Real Academia de Ciencias Morales y Políticas (Royal Academy of Ethics and Political Sciences) with a lecture on the mercantilism period in Castile (1500-1700). He taught Economic History.
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From the fifties, Economic History progressed at the same rate new Economics Colleges demanded, increasing the number of students, which also led to higher number of teachers. Between 1944 and 1966, we can highlight the following economic historians: José Luis Sureda and Fabián Estapé, with the influence of Luis García de Valdeavellano, in Barcelona; later, Jaume Vicens i Vives and his school. Jose Mª Zumalacárregui, Alberto Ullastres and Carmelo Viñas y Mey, later: Gonzalo Anesand Francisco Simón Segura in Madrid; Felipe Ruiz Martín in Bilbao –the main diffuser of Annales in España– and Ramón Carande in Sevilla. The contributions to the analysis of the Spanish economic past from the former Spanish Finance Minister: José Larraz, who coordinated the volume on the Centenary of the Banco de Bilbao in 1957, should be noted.
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Fabián Estapé Rodríguez (Portbou, Gerona, 1923).
In 1954 he was appointed Professor of Economic History at the University of Barcelona. Rector of the University of Barcelona (1969-1971 and 1974-1976). Jaime I Award in Economics (1995) |
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The influence of the French school Annales increased in the sixties when some of the preceding decade´s researchers obtained the first Chairs of Economic History in Spain: Gonzalo Anes, Felipe Ruiz Martín, Josep Fontana y Jordi Nadal. At that time, the economic history was primarily a discipline dedicated to the study of modern Spain.
The work of Luis García de Valdeavellano (Madrid, 1904 - 1985) left a huge mark on the history of economic institutions, particularly in that of finance and labor in ancient and medieval times.
The first Chairs
The first Chairs of Economic History date back to the 1960s, although Jaume Vicens Vives, Professor of Universal History at the University of Barcelona, has taught Economic History in Spain at the Economic Sciences and Business College (Facultad de Ciencias Económicas y Empresariales) since 1956. He was assisted by a young scholar, Jordi Nadal, in teaching duties and in colaborating on the production of the first manual of this discipline, Manual de Historia Económica de España published in 1959.
In 1961, Felipe Ruiz Martín applied for the first Chair of Economic History at the Faculty of CC.EE in Bilbao, which depended on the University of Valladolid. No other competition took place until 1967, when Gonzalo Anes got his first Chair at the University of Santiago de Compostela, then, the Chair at the Universidad Complutense. Jordi Nadal at the University of Valencia, moving to the recently built University of Barcelona in 1970. Manuel Basas in Bilbao, after Ruiz Martín moved to Universidad Autónoma in Madrid. Francisco Simón Segura was Professor at the Universities of Malaga, Barcelona, UNED. Francisco Bustelo was the second Professor of the Universidad Complutense
Madrid together with Barcelona, were the two main teaching and research centers, creating colleges around the main professors. In Barcelona, Jordi Nadal and Josep Fontana emerged as major Vicens Vives´ disciples and set up schools or research groups around the Faculties of Economics. In Madrid, Gonzalo Anes and, overall, Gabriel Tortella, who had studied at Wisconsin and joined the University of Alcalá de Henares. His investigations were relevant for the Servicio de Estudios del Banco de España Bank of Spain: Studies Section) that published the first studies about quantitative economic history.
Consolidation of Economic History in Spain

Miguel Artola
Gallego
(1923)
Professor Emeritus of Contemporary History.
His studies dealt with the economic problems of contemporary Spain. Príncipe de Asturias de Ciencias Sociales Award in 1991. Nacional de Historia de España Award in 1992.

The book, España hace un siglo: una economía dual Alianza editorial, 1968 by Nicolás Sánchez-Albornoz, encouraged debates on the backwardness of contemporary Spain.


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The 1970s resulted in the full institutionalization of the discipline. The introduction of new studies of Economics at Universities of Valladolid, Alicante, Santiago de Compostela, Malaga, and Zaragoza was decisive. Around the figures of Anes, Fontana, Nadal, Ruiz Martín and Tortella a new and large group of economic historians emerged such as Ángel García Sanz, Emiliano Fernández de Pinedo, Antonio Miguel Bernal, Pedro Tedde, Luis Maria Bilbao, García Lombardero, Ramon Garrabou, Jaume Torras, Rafael Anes
The celebration of the I Congress on Economic History at Barcelona on May 11-12, 1972 marked its coming-out, the Proceedings were published by Ariel in 1974, with the title: Agricultura, comercio colonial y crecimiento económico en la España contemporánea eds Gabriel Tortella & Jordi Nadal The publication of articles in journals such as Hacienda Pública Española, Información Comercial Española or Investigaciones Económica became increasingly common.
Also in the 70s there was a turn towards the study of the Spanish economy in the nineteenth and twentieth centuries, evidenced by the publication of collective works about the Banco de España, Spanish economy in the mid-nineteenth century, and restoration banking or railways. Also, Nadal´s works about the industrialization, Tortella´s about the origins of capitalism, Simón Segura´s about the confiscations, and Roldán and García Delgado´s on the Spanish economy during the First World War.
Jordi Nadal´s books, the Failure of the Industrial Revolution in Spain (1973, 1975) were a complete success, as Tortella said ten years later, in such a way that the final version has been acclaimed as a bedside book for the economists who studied economic history in the 70s and 80s. The book promoted the debate on the Spanish economic backwardness and led to the proliferation of studies.
The significant development of the discipline in the field of research was due to the creation of new Economics and Business Colleges together with the increase in staff all over Spain because of the growing demand of Economics and Business Studies. Except for some exceptions, Economic History could not enter into the Art studies. In addition, in the late 1970s of the twentieth century it began to be interpreted and analysed acutely. Retrospective studies of Economic Structure´s authors such as Muñoz, Roldán and García Delgado, and the translation of Malefakis´ monograph about the agrarian reform at the second republic, encouraged economic historians to address the decades before the Civil War. The financial support from the Banco de España for this area of research was decisive.
The history of economic though also advanced, thanks to the intellectual effort of Peter Schwartz, who led the group in Madrid, and Ernest Lluch in Barcelona, whose numerous contributions strengthened the development of this discipline from Barcelona.
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n the closed academic atmosphere of the universities located on the peripheries, the realization of economic history courses held at the Jovellanos Chair by the University of Oviedo (as part of their summer courses and directed by Rafael Ane) contributed to the update of historiographical advances and also the chance to meet, exchange views, and discuss with the main protagonists of the discipline. Other courses followed: Spanish Economic growth (1979), Economic History in the Spanish Regions (1981), and Spain and America: Five Centuries of History (1982). The intellectual atmosphere achieved at the Jovellanos courses would be later replaced by another, likewise, interesting and cosmopolitan one at the UIMP (Universidad International Menéndez Pelayo) in Santander.
In the 1980s economic history experienced a real boom on the Spanish intellectual and academic scene. Its own association was founded in 1980 and later, the II congress was held in Alcalá de Henares (December, 1981). The first issue of Revista de Historia Económica - Journal of Iberian and Latin American Economic History, created and directed by Gabriel Tortella was published in 1983. The Segovia meetings -after those (so-called Pau) organized by Manuel Tuñón de Lara- extended to debates on the economic development in Spain during the Restoration, Primo´s dictatorship, Second Republic and early Franco´s. UIMP seminars in Santander and others run by Nadal, Tortella, and Sánchez Albornoz gathered a new generation of economic historians.
La influencia de la Nueva Historia Económica: la irrupción de la Cliometría.

Pablo Martín Aceña & Leandro Prados de la Escosura, editors of the book: La nueva historia económica en España (1985).
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Cliometrics influence was immediate. Throughout the eighties the new economic history strongly dominated the Spanish historiographical landscape, whilst declining in Anglo Saxon countries. Antonio Gómez Mendoza, Leandro Prados de la Escosura and Pedro Fraile, trained at British and American universities, spread this school in our country. Its techniques and instruments were applied to estimate the social saving which would result from the construction of the railway in Spain, the cost of the colonies loss, and customs protection. Their works impacted enormously among the new generation of Spanish economic historians. Throughout the entire decade many of the works about the economic history of contemporary Spain, mainly Revista de Historia Económica - Journal of Iberian and Latin American Economic History, reported from national and macroeconomic perspectives together with somehow counterfactual and econometric contrast.
The publication of La Nueva Historia Económica de España in 1985 showed the vitality of Cliometrics in the Hispanic territory: Leandro Prados de la Escosura, Pablo Martín Aceña, Pedro Fraile, Antonio Gómez Mendoza, Albert Carreras, James Simpson, Pedro Tedde, Francisco Comín and Sebastián Coll; although many of them cultivated an economic history with a more solid theoretical support, rather than a proper New Economic History. Also, the contribution of authors such as Carlos Barciela, Jordi Maluquer de Motes, Jordi Palafox, Pere Pascual, Carles Sudrià to the renewal of the discipline remains unquestioned.
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The discipline was fully strengthened in the 1980s. Several factors confirm this: the creation of university departments in the same area of knowledge, favoured by the new Ley de Reforma Universitaria; the creation of various associations and scientific journals, in addition to the Asociación de Historia Económica and Revista de Historia Económica - Journal of Iberian and Latin American Economic History (RHE) in 1983. The ADHE (Asociación de Demografía Histórica) was created, that published the ADEH Bulletin. Finally, congresses of Historia Económica were regularized: II Congress (Alcalá de Henares, December 1981), III Congress (Segovia, October 1985), IV Congress (Alicante, December 1989).
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See more::
FUENTES QUINTANA, E., director, (1999-2002): Economía y Economistas Españoles, Barcelona, Galaxia Gutenberg & Círculo de Lectores, 8 vols.
Notes
(1) Ignacio Jordán de Asso y del Río, Historia de la economía política de Aragón (1778).
(2) Antoni de Capmany de Montpalau i Surís (1742-1813), Memorias historicas sobre la marina comercio y artes de la antigua ciudad de Barcelona (1779-1792. 4 vols.)
(3) Lucas Labrada Romero (Ferrol, 1762 - La Coruña, 1842), Descripción económica del Reyno de Galicia (1804).
(4) Antoni Josep Cavanilles i Palop (1745-1804), Observaciones sobre la Historia Natural, Geografía, Agricultura, población y frutos del Reyno de Valencia (1795-1797).
(5) Eugenio Larruga Boneta (Zaragoza, 1747-Madrid, 1803), Memorias políticas y económicas sobre los frutos, fábricas, comercio y minas de España, including orders, rules and regulations issued for its government and development (1788 a 1800).
(6) Francisco Gallardo Fernández, Historia de la economía política en Europa desde los tiempos antiguos hasta ...... de las rentas de la Corona de España (1806).
(7) José Canga Argüelles (1770-1843) escribió Elementos de la ciencia de Hacienda, obra tributaria cumbre del siglo XIX.
(8) Ramón de la Sagra (1798-1871) published his monumental Historia económica-política y estadística de la Isla de Cuba, La Habana 1831, edición previa de su monumental Historia física, política y natural de la Isla de Cuba, París, 1832-1861, aparecida en francés, París. 1838-1857.
(9) One of the main legacies of Manuel Colmeiro (1818-1894), historiador y economista, es su obra Biblioteca de los economistas españoles de los siglos XVI, XVII y XVIII (1861).
(10) De Rafael Altamira (1866-1951) sobresale su Historia de la propiedad comunal (1890), PhD directed by Gumersindo de Azcárate
(11) Among the works by Joaquín Costa y Martínez (1846-1911), destacan La tierra y la cuestión social, publicada póstumamente en 1912, y Derecho consuetudinario y economía popular en España, publicada en 1902.
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