Farley Grubb

Photograph Image of Farley Grubb
Title Professor of Economics
Email grubbf@nospam666c109504c6b.udel.edu
Office 405 Purnell Hall


  • Ph.D. in economics, University of Chicago, Dec. 1984
  • M.A. in economics, University of Chicago,  Mar. 1981
  • B.A. in economics, history, and philosophy, University of Washington,  Dec. 1977

Select Publications

  • Farley Grubb, “Colonial Monetary Systems,” in Diebolt, C., Haupert, M. (eds) Handbook of Cliometrics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-40458-0_116-1. Online publication Aug. 3, 2023: ISBN 978-3-642-40458-0.
  • The Continental Dollar: How the American Revolution was Financed with Paper Money (Chicago: University of Chicago Press, 2023).
  • “’Theft of Oneself’”: Runaway Servants in Early Maryland: Deterrence, Punishment, and Apprehension,” in Patrick Gray, Joshua Hall, Ruth Wallis Herndon, and Javier Silvestre, eds., Standard of Living: Essays on Economics, History, and Religion in Honor of John E. Murray (Cham, Switzerland: Springer, 2022), pp. 167-183.
  • “Colonial North Carolina’s Paper Money Regime, 1712-1774: Value Decomposition and Performance,” Journal of Post-Keynesian Economics, 44, no. 3 (2021), pp, 463-491 (with Cory Cutsail)
  • “Money and Prices in Colonial America,” in Stefano Battilossi, Youssef Cassis, and Kazuhiko Yago, eds., Handbook of the History of Money and Currency (Singapore: Springer, 2020), pp. 431-454.
  • “Colonial New Jersey’s Paper Money, 1709-1775: Why Ronald Michener Insists on Using Uncorrected Data—A Reply,” Econ Journal Watch, 17, no. 1, (Mar. 2020), pp. 71-89
  • “Colonial Virginia’s Paper Money, 1755-1774: Value Decomposition and Performance,” Financial History Review, 25, no. 2 (August 2018), pp. 113-140.
  • “Common Currency versus Currency Union: The U.S. Continental Dollar and Denominational Structure, 1775-1779,” in Nathalie Champroux, Georges Depeyrot, Aykiz Dogan, and Jurgen Nautz, eds., Construction and Deconstruction of Monetary Unions: Lessons from the Past (Wetteren, Belgium: MONETA, 2018), pp. 15-34.
  • “Colonial New Jersey Paper Money, 1709-1775: Value Decomposition and Performance,” Journal of Economic History, 76, no. 4 (Dec. 2016), pp. 1216-1232.
  • “Colonial New Jersey’s Provincial Fiscal Structure, 1709-1775: Spending Obligations, Revenue Sources, and Tax Burdens during Peace and War,” Financial History Review, 23, no. 2 (Aug. 2016), pp. 133-163.
  •  “State Redemption of the Continental Dollar, 1779-90,” William and Mary Quarterly, 69, no. 1 (Jan. 2012), pp. 147-180.
  • German Immigration and Servitude in America, 1709-1920 (New York: Routledge, 2011). ISBN: 978-0-415-61061-2.
  • “Testing for the Economic Impact of the U.S. Constitution: Purchasing Power Parity across the Colonies Versus across the States, 1748-1811,” Journal of Economic History, 70, no. 1 (Mar. 2010), pp. 118-145.
  •  “The Net Worth of the U.S. Federal Government, 1784-1802,” American Economic Review—Papers and Proceedings, 97, no. 2 (May 2007), pp. 280-284.
  • “Creating the U.S.-Dollar Currency Union, 1748-1811: A Quest for Monetary Stability or a Usurpation of State Sovereignty for Personal Gain?” American Economic Review, 93 (Dec. 2003), pp. 1778-1798.
  • “The Market Evaluation of Criminality: Evidence from the Auction of British Convict Labor in America, 1767-1775,” American Economic Review, 91 (Mar. 2001), pp. 295-304.
  • “The Trans-Atlantic Market for British Convict Labor,” Journal of Economy History, 60 (Mar. 2000),  pp. 94-122.

Curriculum Vitae

Download Farley Grubb’s CV (PDF)