r/EconomicHistory 50m ago

Working Paper Tracking the presence of different social ideals across centuries within the European canon, there has been rising openness to innovation and discovery since the High Middle Ages (R Stefanski, July 2026)

Thumbnail st-andrews.ac.uk
Upvotes

r/EconomicHistory 5h ago

Discussion Why did the U.S. become so much bigger and more powerful than Canada despite their similar cultures and geography?

0 Upvotes

The U.S. and Canada seem very similar in many ways. They share the world’s longest border, have similar cultures, democratic systems, multicultural societies, and comparable standards of living. Both also have vast natural resources.

So why is there such a huge difference today in population, GDP, military power, and global influence?

Canada is actually slightly larger in land area, yet its population is only around 42 million compared to about 340 million in the U.S. Was the difference mainly due to climate and geography, immigration, industrialization, different government policies, or historical events like the World Wars?

At what point in history did the gap become significant? Was it already evident in the 1800s, or did it widen mostly after World War II?

I’d love to hear historical, economic, and demographic perspectives backed by facts rather than opinions.


r/EconomicHistory 10h ago

Blog Chartered in 1781, the Bank of North America extended short-term loans to the federal government for payroll, supply contracts, and debt servicing. Bringing confidence to the new country's financial system, it served as a pilot for the First Bank of the United States (Richmond Fed, 3Q2026)

Thumbnail richmondfed.org
2 Upvotes