“…This figure climbed to 10% in the late 1950s, 16% in the early 1960s, 43% in the late 1960s, 72% in the early 1970s, 83% in the late 1980s, and 90% by 2004. 8 This ascendance shouldn't obscure debates about how to practice cliometrics, however. Many cliometricians, led by Douglass North, argued that most early cliometric research was too wedded to static neoclassical theory, which tends to focus analysis on historical episodes and topics for which markets were important, thus placing limits on what can be examined.…”