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American Economic Growth and Standards of Living before the Civil War
  • Language: en
  • Pages: 410

American Economic Growth and Standards of Living before the Civil War

This benchmark volume addresses the debate over the effects of early industrialization on standards of living during the decades before the Civil War. Its contributors demonstrate that the aggregate antebellum economy was growing faster than any other large economy had grown before. Despite the dramatic economic growth and rise in income levels, questions remain as to the general quality of life during this era. Was the improvement in income widely shared? How did economic growth affect the nature of work? Did higher levels of income lead to improved health and longevity? The authors address these questions by analyzing new estimates of labor force participation, real wages, and productivity, as well as of the distribution of income, height, and nutrition.

Capital in the Nineteenth Century
  • Language: en
  • Pages: 400

Capital in the Nineteenth Century

A nation's capital stock is widely recognized as a crucial determinant of the productivity of its workers and the standard of living of its citizens. Tracking the evolution of capital is therefore a critical input to economic history. The economist Robert E. Gallman (1926-98) gathered extensive data on US capital stock and created a legacy that has, until now, been difficult for researchers to access and appraise in its entirety. Gallman measured American capital stock from a range of perspectives, viewing it as the accumulation of income saved and invested, and as an input into the production process. He used the level and change in the capital stock as proxy measures for long-run economic ...

The Cambridge Economic History of the United States
  • Language: en
  • Pages: 1046

The Cambridge Economic History of the United States

This three volume work offers a comprehensive survey of the history of economic activity and economic change in the United States, and in those regions whose economies have at certain times been closely allied to that of the US.

Long-Term Factors in American Economic Growth
  • Language: en
  • Pages: 900

Long-Term Factors in American Economic Growth

These classic studies of the history of economic change in 19th- and 20th-century United States, Canada, and British West Indies examine national product; capital stock and wealth; and fertility, health, and mortality. "A 'must have' in the library of the serious economic historian."—Samuel Bostaph, Southern Economic Journal

In Pursuit of Leviathan
  • Language: en
  • Pages: 566

In Pursuit of Leviathan

In Pursuit of Leviathan traces the American whaling industry from its rise in the 1840s to its precipitous fall at the end of the nineteenth century. Using detailed and comprehensive data that describe more than four thousand whaling voyages from New Bedford, Massachusetts, the leading nineteenth-century whaling port, the authors explore the market for whale products, crew quality and labor contracts, and whale biology and distribution, and assess the productivity of the American fleet. They then examine new whaling techniques developed at the end of the nineteenth century, such as modified clippers and harpoons, and the introduction of darting guns. Despite the common belief that the whaling industry declined due to a fall in whale stocks, the authors argue that the industry's collapse was related to changes in technology and market conditions. Providing a wealth of historical information, In Pursuit of Leviathan is a classic industry study that will provide intriguing reading for anyone interested in the history of whaling.

Outstanding in His Field
  • Language: en
  • Pages: 184

Outstanding in His Field

Honoring Wayne D. Rasmussen, Mr. Agriculture at the U.S. Department of Agriculture and throughout the nation, this book comprises essays by distinguished authors from varied disciplines on the past achievements, current status, and future challenges of agriculture history.

Capitalism in Context
  • Language: en
  • Pages: 2

Capitalism in Context

Following the approach of R. M. Hartwell, the influential historian of the British Industrial Revolution, these essays explore the cultural contexts and institutional constraints that have shaped growth and development over the past two centuries. Focusing on two central questions - why the whole world is not developed, and why Britain was the first industrial nation - Capitalism in Context offers new perspectives on why economic development took place where and when it did. These studies will appeal to economists, historians, and social scientists alike for their wide-ranging treatments of economic development and cultural change.

Trends in the American Economy in the Nineteenth Century
  • Language: en
  • Pages: 791

Trends in the American Economy in the Nineteenth Century

  • Type: Book
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  • Published: 1960
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  • Publisher: Unknown

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Political Arithmetic
  • Language: en
  • Pages: 163

Political Arithmetic

We take for granted today that the assessments, measurements, and forecasts of economists are crucial to the decision-making of governments and businesses alike. But less than a century ago that wasn’t the case—economists simply didn’t have the necessary information or statistical tools to understand the ever more complicated modern economy. With Political Arithmetic, Nobel Prize–winning economist Robert Fogel and his collaborators tell the story of economist Simon Kuznets, the founding of the National Bureau of Economic Research, and the creation of the concept of GNP, which for the first time enabled us to measure the performance of entire economies. The book weaves together the ma...

Evolving Financial Markets and International Capital Flows
  • Language: en
  • Pages: 1002

Evolving Financial Markets and International Capital Flows

This study examines the impact of British capital flows on the evolution of capital markets in four countries - Argentina, Australia, Canada, and the United States - over the years 1870 to 1914. In substantive chapters on each country it offers parallel histories of the evolution of their financial infrastructures - commercial banks, non-bank intermediaries, primary security markets, formal secondary security markets, and the institutions that provide the international financial links connecting the frontier country with the British capital market. At one level, the work constitutes a quantitative history of the development of the capital markets of five countries in the late nineteenth century. At a second level, it provides the basis for a useable taxonomy for the study of institutional invention and innovation. At a third, it suggests some lessons from the past about modern policy issues.