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A new economic history of the largest institution for the production of human capital in the premodern economy: apprenticeship. Apprenticeship dominated skill formation from the Middle Ages to the Industrial Revolution. Years spent training with a skilled master were a nearly universal experience for young workers in crafts and trade. Apprenticeship is seen by some as a key ingredient in the emergence of modern growth. To others, it was inflexible and conservative. Analyzing the records of hundreds of thousands of individual apprenticeships between 1500 and 1800, The Market for Skill tells the story of how apprenticeship worked and the way it fuelled economic growth in England. Patrick Walli...
Reprint of the original, first published in 1836.