GARY RICHARDSON University of California at Irvine Department of Economics Irvine, California 92697-5100 949-824-5089 Home page: http://orion.oac.uci.edu/~garyr/welcome.html Email address: [email protected] EDUCATION Doctoral Studies University of California at Berkeley, Ph.D. in Economics, 1999 Dissertation Title: “Social Change and Industrial Expansion Before the Industrial Revolution” Advisors: Barry Eichengreen, Brad Delong, Matthew Rabin Undergraduate Studies University of Chicago, B.A. in Political Science, June 1988 EXPERIENCE Current Academic Positions Associate Professor, Department of Economics, University of California at Irvine, July 2006 to present Faculty Research Associate, National Bureau of Economic Research, October 2009 to present Previous Academic Positions Faculty Research Fellow, National Bureau of Economic Research, October 2006 to October 2009 Professor of Economics, George Mason University, Fall 2007 to Spring 2008 Assistant Professor, Department of Economics, University of California at Irvine, 1999 to 2006 Lecturer, UC Berkeley, Department of Demography, Spring 1999 Lecturer, UC San Diego, Department of Economics, Spring 1998 Lecturer, UC Berkeley, Department of Economics, Summer 1995 Professional Positions Writer and Researcher, Citizens for a Sound Economy, 1989 to 1992 Columbia First Federal Savings and Loan, Assistant Office Manager, 1988 to 1989 University Students Federal Credit Union, President and Manager, 1987 to 1988 JOURNAL ARTICLES (23) “Stopping Suicide Attacks: Optimal Strategies and Unintended Consequences” (with Mike McBride), Forthcoming in Defense and Peace Economics. (22) “Arresting Banking Panics: Federal Reserve Liquidity Provision and the Forgotten Panic of 1929.” Forthcoming in the Journal of Political Economy, (with Mark Carlson and Kris Mitchener). (21) “Retail Trade by Federal Reserve District, 1919 to 1939: A Statistical History.” Forthcoming in Research in Economic History, (with Haelim Park). (20) “Property Rights and Parliament in Industrializing Britain.” Forthcoming in Journal of Law and Economics (with Dan Bogart). (19) “Fetters of Debt, Deposit, or Gold during the Great Depression? The International Propagation of the Banking Crisis of 1931.” (with Patrick Van Horn) Forthcoming in Jahrbuch fuer Wirtschaftsgeschichte. Volume (2011/12), Issue 2. (18) “Monetary Intervention Mitigated Banking Panics During the Great Depression: Quasi-Experimental Evidence from the Federal Reserve District Border in Mississippi, 1929 to 1933,” (with William Troost). Journal of Political Economy, December 2009, vol. 117, no. 6, pp. 1031-1073. Reprinted in The Seminal Works of the Great Depression edited by Randall Parker, forthcoming from Edward Elgar. (17) “Estate acts, 1600–1830: A new source for British history,” (with Dan Bogart). Research in Economic History, Volume 27, Emerald Group Publishing Limited, 2010, pp.1-50 (Lead Article) (16) “Religion, Longevity, and Cooperation: The Case of the Craft Guild,” (with Mike McBride). Journal of Economic Behavior and Organization. Volume 71, Issue 2, August 2009, pp. 172-186 (15) “Intensified Regulatory Scrutiny and Bank Distress in New York City during the Great Depression,” (with Patrick Van Horn). Journal of Economic History, Vol. 69, No. 2 (June 2009). (14) “Making Property Productive: Reorganizing Rights to Real and Equitable Estates in Britain, 1660 to 1830.” (with Dan Bogart). European Review of Economic History (2009), 13: 3-30 (Lead Article) (13) “Quarterly Data on the Categories and Causes of Bank Distress during the Great Depression,” Research in Economic History, Volume 25, pp. 37-115, (January 2008) (12) “The Collapse of the United States Banking System during the Great Depression, 1929 to 1933, New Archival Evidence,” Australasian Accounting, Business, and Finance Journal. Volume 1, Issue 1, pp. 39- 50. (January 2008) (11) “Categories and Causes of Bank Distress during the Great Depression, 1929—1933: The Illiquidity- Insolvency Debate Revisited,” Explorations in Economic History, Volume 44, Issue 4, pp. 586-607 (October 2007) (10) “Deposit Insurance and Moral Hazard: Capital, Risk, Malfeasance, and Mismanagement. A Comment on ‘Deposit Insurance and Moral Hazard: Evidence from Texas Banking During the 1920s.’” Economic Journal Watch, Volume 4, Number 3, pp. 296-302, (September 2007) (9) “The Check is in the Mail: Correspondent Clearing and the Banking Panics of the Great Depression,” Journal of Economic History, Vol. 67, No. 3, p. 643 (September 2007) (8) “Deposit Insurance Altered the Composition of Bank Suspensions During the 1920s: Evidence from the Archives of the Board of Governors,” (with Ching-Yi Chung), Contributions to Economic Analysis & Policy: Vol. 5: No. 1, Article 34, pp. 1-42, (2006) (7) “The Records of the Federal Reserve Board of Governors in the National Archives of the United States,” Financial History Review, Volume 13, Issue 01, (April 2006), pp 123-134 (6) “Origins of Anti-Immigrant Sentiments in the United States: Evidence from the Heartland in the Age of Mass Migration,” Topics in Economic Analysis and Policy, Volume 5, Number 1, (June 2005), pp. 1-46 (5) "The Prudent Village: Risk Pooling Institutions in Medieval English Agriculture,” Journal of Economic History, Volume 65, Number 2, (June 2005), pp. 386–413. (4) “Christianity and Craft Guilds in Late Medieval England: A Rational Choice Analysis” Rationality and Society, Volume 17, (May 2005), pp. 139-189 (Lead article) (3) “Guilds, Laws, and Markets for Manufactured Merchandise in Late-Medieval England,” Explorations in Economic History, Volume 41, (January 2004) pp. 1–25 (Lead article). Reprinted in Markets and Market Institutions: Their Origin and Evolution (The International Library of Critical Writings in Economics). Edited by Mark Casson. Edward Elgar Publishing: September, 2011. ISBN-13: 978-1849803892 (2) “What Protected Peasants Best? Markets, Risk, Efficiency, and Medieval English Agriculture,” Research in Economic History, Volume 21, (2003), pp. 299–356. (1) “A Tale of Two Theories: Monopolies and Craft Guilds in Medieval England and Modern Imagination,” Journal of the History of Economic Thought, Volume 23, Number 2, (June 2001), pp. 217–242. CHAPTERS IN BOOKS, ENCYCLOPEDIAS, CONFERENCE PROCEEDINGS, AND OTHER VOLUMES (B.8) “A History of Financial Regulation in the United States, 1789 to 2009.” Forthcoming in the Handbook of Financial Risk Information, edited by Margarita Brose and Mark Flood. Cambridge: Cambrdige University Press, 2012. (B.7) “Religion, Conflict, and Cooperation.” Chapter 6 in Oxford Handbook of the Economics of Peace and Conflict, 2 edited by Michelle Garfinkel and Stergios Skaperdas. Oxford: Oxford University Press, 2011. (B.6) “Guilds, Craft and Merchant.” In Oxford Dictionary of the Middle Ages. Edited by Robert E. Bjork, Oxford: Oxford University Press, June 2010 (B.5) “Craft Guilds.” In The New Palgrave Dictionary of Economic, first edition, edited by John Eatwell, Murray Milgate, and Peter Newman. Palgrave Macmillan (2007). Reprinted as "Medieval guilds", The New Palgrave Dictionary of Economics, Second Edition, Eds. Steven N. Durlauf and Lawrence E. Blume, Palgrave Macmillan, 2008. Reprinted as “Medieval Guilds” in The New Palgrave Dictionary of Economics Online, Palgrave Macmillan. 22 October 2009. (B.4) “Deposit Lending Mitigated Banking Panics During the Great Contraction: Evidence from Federal Reserve District Borders, 1929 to 1933.” in Innovations in Real Estate Markets: Risks, Rewards, and the Role of Regulation: Proceedings of the 42nd Annual Conference on Bank Structure and Competition. Federal Reserve Bank of Chicago, May 2006. (B.3) “Globalization is an Economic Phenomenon,” Chapter 4 in Global Issues Forum Student Workbook, Edited by Ellen Schlosser. Irvine: University of California, 2006. (B.2) “Guilds, Medieval.” In the EH.Net Encyclopedia of Economic and Business History, Edited by Robert Whaples, (2005) (B.1) A Primer on Virginia’s Budget. Washington, DC: Citizens for a Sound Economy. September 1991. BOOK REVIEWS (R.5) Review of “The Monetary Policy of the Federal Reserve: A History” by Robert L. Hetzel, Economic History Review Network, (October 2008). (R.4) Review of “Craft Guilds in the Early Modern Low Countries: Work, Power, and Representation” edited by Maarten Prak, Catharina Lis, Jan Lucassen, and Hugo Soly, Economic History Review Network, (October 2006). (R.3) Review of “Modeling the Middle Ages: Economic Development in Theory and Practice” by J. Hatcher and M. Bailey, Economic History Review Network, (October 2003). (R.2) Review of “The Artisan and the European Town, 1500-1900. Edited by Geoffrey Crossick. Aldershot: Scholar Press, 1997, pp. 1128 (R.1) Review of “The Industrial Revolution: A Macroeconomic Interpretation” by Douglas Fisher, Journal of Economic History Volume 54, Number 1, (March 1994), pp. 201-202 OPINION PIECES, LETTERS, AND ARTICLES IN THE POPULAR PRESS (O.4) “The Truth about Redistribution: Republicans Receive, Democrats Disburse,” The Economists' Voice: Vol. 6: Iss. 10, Article 3. November 2009 DOI: 10.2202/1553-3832.1555. Available at: http://www.bepress.com/ev/vol6/iss10/art3 (O.3) “Finance crises could hit more often: Regulatory emphasis on safety, stability has been dismantled.” The Orange County Register, Thursday, October 31, 2008. (O.2) “A Depressing Historical Parallel: Bailout plan hearkens to Hoover’s failed bid to stave off bank failures.” The Orange County Register, Thursday, September 25, 2008. (O.1) “Senators’ Greed Peaks After 15 Years.” Washington Times,