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Tyler Goodspeed

Lecturer in Economics

DrGoodspeedimageContact details:

Department of Political Economy
Room S2.42
Strand Building
Strand Campus
London WC2R 2LS


Office Hours:
Thursday: 10:00 - 11:00am
Friday: 10:00 - 11:00am


Dr Goodspeed is a Lecturer in Economics for the Department of Political Economy. His primary research and teaching fields are finance and economic history, with secondary interests in political economy and development. His previous appointment was as a Junior Research Fellow in Economics at St John's College, University of Oxford. He is also an avid distance runner.

Prior to earning his Ph.D. from Harvard University in May 2014, he received his A.B. from Harvard College, summa cum laude, in 2008, and from 2008-2009 was a Gates Scholar at the University of Cambridge. 


Dr Goodspeed's research interests’ span economic history, finance, political economy, and development. His current work focuses especially on the development of the British and North American economies in the eighteenth and nineteenth centuries, with a particular interest in the political economy of financial regulation and shareholder liability.  

He has two books due to be released in 2016, Legislating Instability: Adam Smith, Free Banking, and the Financial Crisis of 1772, which look at the political economy of financial regulation in eighteenth-century Scotland, from both a micro and global macro perspective. The second book, Famine and Finance: Credit and the Great Famine of Ireland, analyses the market for small loans during the Great Famine of Ireland, and discuss implications for contemporary microfinance initiatives. 

He also has two ongoing projects that focuses on American economic history exploiting county-level policy and institutional discontinuities. In the first of these, 'Skin in the Game: Liability Insurance, Extended Liability, and Financial Stability', he uses spatial discontinuities in antebellum U.S. bank regulation to analyse the effects of public liability insurance, extended liability, and branch banking laws on banking sector stability. In the second, 'Slavery, Path Dependence, and Development: Evidence from the Georgia Experiment', he exploits spatial discontinuity in the legality of slavery in colonial Georgia in order to analyse the effects of that institution on long-run economic development and to explore potential channels of institutional persistence.  

Other work-in-progress includes a micro-historical study of the trading activities of Thomas Malthus, David Ricardo, and Nathan Mayer Rothschild during the Battle of Waterloo, utilising the stock jobber books in the Bank of England Archive, as well as an analysis of the employment effects of the advent of steam power in the British textile industry, using the historical location of water mills as a source of micro-variation in technological displacement.


  • Macroeconomic Theory (undergraduate)
  • MA Dissertation Module in Public Policy (postgraduate)
  • MA Dissertation Module in Political Economy (postraduate)



Tyler, Goodspeed, Famine and Finance: Credit and the Great Famine of Ireland (London: Palgrave Macmillan, 2016). 

Tyler Goodspeed, Legislating Instability: Adam Smith, Free Banking, and the Financial Crisis of 1772 (Cambridge: Harvard University Press, 2016). 

Tyler Goodspeed, Rethinking the Keynesian Revolution: Keynes, Hayek, and the Wicksell Connection (New York: Oxford University Press, 2012).

Refereed Articles

“Famine, Finance, and Adjustment to Environmental Shock: Microcredit and the Great Famine in Ireland,” Journal of Development Economics 121 (July 2016): 258-277. 

“Environmental Shocks and Sustainability in Microfinance: Evidence from the Great Famine of Ireland,” World Bank Economic Review (Forthcoming).  

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