Labor Scarcity and the Problem of American Industrial Efficiency in the 1850's (Classic Reprint)

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Publisher :
ISBN 13 : 9781330616321
Total Pages : 76 pages
Book Rating : 4.6/5 (163 download)

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Book Synopsis Labor Scarcity and the Problem of American Industrial Efficiency in the 1850's (Classic Reprint) by : Peter Temin

Download or read book Labor Scarcity and the Problem of American Industrial Efficiency in the 1850's (Classic Reprint) written by Peter Temin and published by . This book was released on 2015-09-27 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Labor Scarcity and the Problem of American Industrial Efficiency in the 1850's Europeans have been coming to America and commenting about the nature of American technology for over a century. Despite the evident economic changes in the course of this century, the comments on the differences between American and European technology - or, more properly for the nineteenth century, on the differences between American and British technology - have stayed remarkably constant. The factors noted by a few British visitors of the 1850's, perhaps the first technically qualified foreign group to take a careful look at American manufacturing, still form the backbone of discussion today. Chief among the factors noted is the high cost of American labor, but this explanation of American peculiarities by no means stands alone. The purpose of this paper is to reexamine the statements of the British visitors of the 1850's and the labor-scarcity explanation of American conditions to see if they can be formulated in terms of modern concepts and if they are supported either by logical inferences or by empirical evidence. As the views of these observers have been amplified and restated by several modern authors, our efforts to reformulate the contemporary comments in modern language need not be based on the antebellum documents alone. Two groups of visiting Englishmen are of interest here. The first group came to see the industrial exhibition in New York in 1853, but arrived to discover that the exhibition was not ready. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Labor Scarcity and the Problem of American Industrial Efficiency in The 1850's

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Publisher : Franklin Classics
ISBN 13 : 9780343218751
Total Pages : 0 pages
Book Rating : 4.2/5 (187 download)

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Book Synopsis Labor Scarcity and the Problem of American Industrial Efficiency in The 1850's by : Peter Temin

Download or read book Labor Scarcity and the Problem of American Industrial Efficiency in The 1850's written by Peter Temin and published by Franklin Classics. This book was released on 2018-10-15 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Labor Scarcity and the Problem of American Industrial Efficiency in the 1850's - Primary Source Edition

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Publisher : Nabu Press
ISBN 13 : 9781293544143
Total Pages : 78 pages
Book Rating : 4.5/5 (441 download)

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Book Synopsis Labor Scarcity and the Problem of American Industrial Efficiency in the 1850's - Primary Source Edition by : Elisha Gray II Professor of Economics Emeritus Peter Temin

Download or read book Labor Scarcity and the Problem of American Industrial Efficiency in the 1850's - Primary Source Edition written by Elisha Gray II Professor of Economics Emeritus Peter Temin and published by Nabu Press. This book was released on 2014-01-15 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book.

The Development of American Labor (Classic Reprint)

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Publisher : Forgotten Books
ISBN 13 : 9780260344854
Total Pages : 40 pages
Book Rating : 4.3/5 (448 download)

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Book Synopsis The Development of American Labor (Classic Reprint) by : Albert A. Blum

Download or read book The Development of American Labor (Classic Reprint) written by Albert A. Blum and published by Forgotten Books. This book was released on 2017-11-05 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Development of American Labor Labor was not alone in searching for a path to follow. The industrial revolution had brought forth great opportunities for progress - more production, more profit, more work. It also carried in its wake frequent loss of skills, monotony of mass production, long hours of toil, dismal working conditions, and the stench of industrial slums. The farm had had horrible conditions too but not in such concentrated doses. What to do perplexed many sensitive individuals early in the nineteenth century as in the years following. Must poverty go hand in hand with progress? To some, the answer was in the affirmative. To many members of the laissez faire school of economics, it was a dismal but nonetheless clear fact that there was only a fixed amount of money available for wages for workers; to give them more would only permit them to'propagate more, which in turn would inevitably create greater pressure on the already limited amount of funds available. Consequently, one would only pay them enough to subsist. Other members Of the laissez-faire school of economics painted a more optimistic picture of the lot of the worker - that the law of supply and demand working freely in the market place would, in the long run, all other things being equal, help the worker. In the latter part of the nineteenth century, this approach took on a Darwinian flavor. The Social Darwinists, as this group was called, argued that the best rise to the top and that the dregs settle on the bottom. Therefore, do not help those at the bottom. If they are good, they will rise. If not, they are getting what they deserve. DO not send to know for whom the bell tolls, preached the Social Darwinist. It tolled for whom it Should. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

The British Industrial Revolution

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Publisher : Routledge
ISBN 13 : 0429963114
Total Pages : 368 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis The British Industrial Revolution by : Joel Mokyr

Download or read book The British Industrial Revolution written by Joel Mokyr and published by Routledge. This book was released on 2018-02-06 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Industrial Revolution remains a defining moment in the economic history of the modern world. But what kind and how much of a revolution was it? And what kind of ?moment? could it have been? These are just some of the larger questions among the many that economic historians continue to debate. Addressing the various interpretations and assumptions that have been attached to the concept of the Industrial Revolution, Joel Mokyr and his four distinguished contributors present and defend their views on essential aspects of the Industrial Revolution. In this revised edition, all chapters?including Mokyr's extensive introductory survey and evaluation of research in this field?are updated to consider arguments and findings advanced since the volume's initial 1993 publication. Like its predecessor, the revised edition of The British Industrial Revolution is an essential book for economic historians and, indeed, for any historian of Great Britain in the eighteenth and nineteenth centuries.

Who Rules America Now?

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Publisher : Touchstone
ISBN 13 :
Total Pages : 244 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Who Rules America Now? by : G. William Domhoff

Download or read book Who Rules America Now? written by G. William Domhoff and published by Touchstone. This book was released on 1986 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author is convinced that there is a ruling class in America today. He examines the American power structure as it has developed in the 1980s. He presents systematic, empirical evidence that a fixed group of privileged people dominates the American economy and government. The book demonstrates that an upper class comprising only one-half of one percent of the population occupies key positions within the corporate community. It shows how leaders within this "power elite" reach government and dominate it through processes of special-interest lobbying, policy planning and candidate selection. It is written not to promote any political ideology, but to analyze our society with accuracy.

Long-Term Factors in American Economic Growth

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Publisher : University of Chicago Press
ISBN 13 : 0226209318
Total Pages : 898 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis Long-Term Factors in American Economic Growth by : Stanley L. Engerman

Download or read book Long-Term Factors in American Economic Growth written by Stanley L. Engerman and published by University of Chicago Press. This book was released on 2007-11-01 with total page 898 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Output, Employment, and Productivity in the United States After 1800

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Publisher :
ISBN 13 : 9780870141867
Total Pages : 674 pages
Book Rating : 4.1/5 (418 download)

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Book Synopsis Output, Employment, and Productivity in the United States After 1800 by : Dorothy S. Brady

Download or read book Output, Employment, and Productivity in the United States After 1800 written by Dorothy S. Brady and published by . This book was released on 1966 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economics in One Lesson

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Publisher : Crown Currency
ISBN 13 : 0307760626
Total Pages : 220 pages
Book Rating : 4.3/5 (77 download)

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Book Synopsis Economics in One Lesson by : Henry Hazlitt

Download or read book Economics in One Lesson written by Henry Hazlitt and published by Crown Currency. This book was released on 2010-08-11 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.

Global Economic History: A Very Short Introduction

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Publisher : OUP Oxford
ISBN 13 : 019162053X
Total Pages : 192 pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis Global Economic History: A Very Short Introduction by : Robert C. Allen

Download or read book Global Economic History: A Very Short Introduction written by Robert C. Allen and published by OUP Oxford. This book was released on 2011-09-15 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are some countries rich and others poor? In 1500, the income differences were small, but they have grown dramatically since Columbus reached America. Since then, the interplay between geography, globalization, technological change, and economic policy has determined the wealth and poverty of nations. The industrial revolution was Britain's path breaking response to the challenge of globalization. Western Europe and North America joined Britain to form a club of rich nations by pursuing four polices-creating a national market by abolishing internal tariffs and investing in transportation, erecting an external tariff to protect their fledgling industries from British competition, banks to stabilize the currency and mobilize domestic savings for investment, and mass education to prepare people for industrial work. Together these countries pioneered new technologies that have made them ever richer. Before the Industrial Revolution, most of the world's manufacturing was done in Asia, but industries from Casablanca to Canton were destroyed by western competition in the nineteenth century, and Asia was transformed into 'underdeveloped countries' specializing in agriculture. The spread of economic development has been slow since modern technology was invented to fit the needs of rich countries and is ill adapted to the economic and geographical conditions of poor countries. A few countries - Japan, Soviet Russia, South Korea, Taiwan, and perhaps China - have, nonetheless, caught up with the West through creative responses to the technological challenge and with Big Push industrialization that has achieved rapid growth through investment coordination. Whether other countries can emulate the success of East Asia is a challenge for the future. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

Economic Security: Neglected Dimension of National Security ?

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Publisher : Government Printing Office
ISBN 13 :
Total Pages : 132 pages
Book Rating : 4./5 ( download)

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Book Synopsis Economic Security: Neglected Dimension of National Security ? by : National Defense University (U S )

Download or read book Economic Security: Neglected Dimension of National Security ? written by National Defense University (U S ) and published by Government Printing Office. This book was released on 2011-12-27 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: On August 24-25, 2010, the National Defense University held a conference titled “Economic Security: Neglected Dimension of National Security?” to explore the economic element of national power. This special collection of selected papers from the conference represents the view of several keynote speakers and participants in six panel discussions. It explores the complexity surrounding this subject and examines the major elements that, interacting as a system, define the economic component of national security.

Good Economics for Hard Times

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Publisher : PublicAffairs
ISBN 13 : 1541762878
Total Pages : 398 pages
Book Rating : 4.5/5 (417 download)

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Book Synopsis Good Economics for Hard Times by : Abhijit V. Banerjee

Download or read book Good Economics for Hard Times written by Abhijit V. Banerjee and published by PublicAffairs. This book was released on 2019-11-12 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: The winners of the Nobel Prize show how economics, when done right, can help us solve the thorniest social and political problems of our day. Figuring out how to deal with today's critical economic problems is perhaps the great challenge of our time. Much greater than space travel or perhaps even the next revolutionary medical breakthrough, what is at stake is the whole idea of the good life as we have known it. Immigration and inequality, globalization and technological disruption, slowing growth and accelerating climate change--these are sources of great anxiety across the world, from New Delhi and Dakar to Paris and Washington, DC. The resources to address these challenges are there--what we lack are ideas that will help us jump the wall of disagreement and distrust that divides us. If we succeed, history will remember our era with gratitude; if we fail, the potential losses are incalculable. In this revolutionary book, renowned MIT economists Abhijit V. Banerjee and Esther Duflo take on this challenge, building on cutting-edge research in economics explained with lucidity and grace. Original, provocative, and urgent, Good Economics for Hard Times makes a persuasive case for an intelligent interventionism and a society built on compassion and respect. It is an extraordinary achievement, one that shines a light to help us appreciate and understand our precariously balanced world.

Bulletin of the Atomic Scientists

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Publisher :
ISBN 13 :
Total Pages : 116 pages
Book Rating : 4./5 ( download)

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Book Synopsis Bulletin of the Atomic Scientists by :

Download or read book Bulletin of the Atomic Scientists written by and published by . This book was released on 1970-06 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.

The Great Transformation

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Publisher : Penguin Classics
ISBN 13 : 9780241685556
Total Pages : 0 pages
Book Rating : 4.6/5 (855 download)

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Book Synopsis The Great Transformation by : Karl Polanyi

Download or read book The Great Transformation written by Karl Polanyi and published by Penguin Classics. This book was released on 2024-06-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'One of the most powerful books in the social sciences ever written. ... A must-read' Thomas Piketty 'The twentieth century's most prophetic critic of capitalism' Prospect Karl Polanyi's landmark 1944 work is one of the earliest and most powerful critiques of unregulated markets. Tracing the history of capitalism from the great transformation of the industrial revolution onwards, he shows that there has been nothing 'natural' about the market state. Instead of reducing human relations and our environment to mere commodities, the economy must always be embedded in civil society. Describing the 'avalanche of social dislocation' of his time, Polanyi's hugely influential work is a passionate call to protect our common humanity. 'Polanyi's vision for an alternative economy re-embedded in politics and social relations offers a refreshing alternative' Guardian 'Polanyi exposes the myth of the free market' Joseph Stiglitz With a new introduction by Gareth Dale

The Great Divergence

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Publisher : Princeton University Press
ISBN 13 : 0691217181
Total Pages : 404 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis The Great Divergence by : Kenneth Pomeranz

Download or read book The Great Divergence written by Kenneth Pomeranz and published by Princeton University Press. This book was released on 2021-04-13 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: A landmark comparative history of Europe and China that examines why the Industrial Revolution emerged in the West The Great Divergence sheds light on one of the great questions of history: Why did sustained industrial growth begin in Northwest Europe? Historian Kenneth Pomeranz shows that as recently as 1750, life expectancy, consumption, and product and factor markets were comparable in Europe and East Asia. Moreover, key regions in China and Japan were no worse off ecologically than those in Western Europe, with each region facing corresponding shortages of land-intensive products. Pomeranz’s comparative lens reveals the two critical factors resulting in Europe's nineteenth-century divergence—the fortunate location of coal and access to trade with the New World. As East Asia’s economy stagnated, Europe narrowly escaped the same fate largely due to favorable resource stocks from underground and overseas. This Princeton Classics edition includes a preface from the author and makes a powerful historical work available to new readers.

Old South, New South

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Publisher : LSU Press
ISBN 13 : 0807120987
Total Pages : 0 pages
Book Rating : 4.8/5 (71 download)

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Book Synopsis Old South, New South by : Gavin Wright

Download or read book Old South, New South written by Gavin Wright and published by LSU Press. This book was released on 1997-01-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this provocative and intricate analysis of the postbellum southern economy, Gavin Wright finds in the South’s peculiar labor market the answer to the perennial question of why the region remained backward for so long. After the Civil War, Wright explains, the South continued to be a low-wage regional market embedded in a high-wage national economy. He vividly details the origins, workings, and ultimate demise of that distinct system. The post-World War II southern economy, which created today’s Sunbelt, Wright shows, is not the result of the evolution of the old system, but the product of a revolution brought on by the New Deal and World War II that shattered the South’s stagnant structure and created a genuinely new, thriving order.

A Farewell to Alms

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Publisher : Princeton University Press
ISBN 13 : 1400827817
Total Pages : 433 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis A Farewell to Alms by : Gregory Clark

Download or read book A Farewell to Alms written by Gregory Clark and published by Princeton University Press. This book was released on 2008-12-29 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are some parts of the world so rich and others so poor? Why did the Industrial Revolution--and the unprecedented economic growth that came with it--occur in eighteenth-century England, and not at some other time, or in some other place? Why didn't industrialization make the whole world rich--and why did it make large parts of the world even poorer? In A Farewell to Alms, Gregory Clark tackles these profound questions and suggests a new and provocative way in which culture--not exploitation, geography, or resources--explains the wealth, and the poverty, of nations. Countering the prevailing theory that the Industrial Revolution was sparked by the sudden development of stable political, legal, and economic institutions in seventeenth-century Europe, Clark shows that such institutions existed long before industrialization. He argues instead that these institutions gradually led to deep cultural changes by encouraging people to abandon hunter-gatherer instincts-violence, impatience, and economy of effort-and adopt economic habits-hard work, rationality, and education. The problem, Clark says, is that only societies that have long histories of settlement and security seem to develop the cultural characteristics and effective workforces that enable economic growth. For the many societies that have not enjoyed long periods of stability, industrialization has not been a blessing. Clark also dissects the notion, championed by Jared Diamond in Guns, Germs, and Steel, that natural endowments such as geography account for differences in the wealth of nations. A brilliant and sobering challenge to the idea that poor societies can be economically developed through outside intervention, A Farewell to Alms may change the way global economic history is understood.