Market Services and the Productivity Race, 1850–2000
Market Services and the Productivity Race, 1850–2000

Author: Stephen Broadberry

Publisher: Cambridge University Press

Published: 2006-10-26

Total Pages: 27

ISBN-13: 1139460943

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Now that services account for such a dominant part of economic activity, it has become apparent that achieving high levels of productivity in the economy requires high levels of productivity in services. This book offers a major reassessment of Britain's comparative productivity performance over the last 150 years. Whereas in the mid-nineteenth century Britain had higher productivity than the United States and Germany, by 1990 both countries had overtaken Britain. The key to achieving high productivity was the 'industrialisation' of market services, which involved both the serving of business and the provision of mass-market consumer services in a more business like fashion. Comparative productivity varied with the uneven spread of industrialised service sector provision across sectors. Stephen Broadberry provides a quantitative overview of these trends, together with a qualitative account of developments within individual sectors, including shipping, railways, road and air transport, telecommunications, wholesale and retail distribution, banking, and finance.

The Invention of Enterprise
The Invention of Enterprise

Author: David S. Landes

Publisher: Princeton University Press

Published: 2012-02-26

Total Pages: 584

ISBN-13: 069115452X

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This work provides a sweeping history of enterprise in Mesopotamia and Neo-Babylon; carries the reader through the Islamic Middle East; offers insights into the entrepreneurial history of China, Japan, and colonial India; and describes the crucial role of the entrepreneur in innovation activity in the Western world.

Technology and the Rise of Great Powers
Technology and the Rise of Great Powers

Author: Jeffrey Ding

Publisher: Princeton University Press

Published: 2024-08-20

Total Pages: 320

ISBN-13: 0691260346

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A novel theory of how technological revolutions affect the rise and fall of great powers When scholars and policymakers consider how technological advances affect the rise and fall of great powers, they draw on theories that center the moment of innovation—the eureka moment that sparks astonishing technological feats. In this book, Jeffrey Ding offers a different explanation of how technological revolutions affect competition among great powers. Rather than focusing on which state first introduced major innovations, he instead investigates why some states were more successful than others at adapting and embracing new technologies at scale. Drawing on historical case studies of past industrial revolutions as well as statistical analysis, Ding develops a theory that emphasizes institutional adaptations oriented around diffusing technological advances throughout the entire economy. Examining Britain’s rise to preeminence in the First Industrial Revolution, America and Germany’s overtaking of Britain in the Second Industrial Revolution, and Japan’s challenge to America’s technological dominance in the Third Industrial Revolution (also known as the “information revolution”), Ding illuminates the pathway by which these technological revolutions influenced the global distribution of power and explores the generalizability of his theory beyond the given set of great powers. His findings bear directly on current concerns about how emerging technologies such as AI could influence the US-China power balance.

Managing the Economy, Managing the People
Managing the Economy, Managing the People

Author: Jim Tomlinson

Publisher: Oxford University Press

Published: 2017-09-22

Total Pages: 289

ISBN-13: 0191089281

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This study offers a distinctive new account of British economic life since the Second World War, focussing upon the ways in which successive governments, in seeking to manage the economy, have sought simultaneously to 'manage the people': to try and manage popular understanding of economic issues. In doing so, governments have sought not only to shape expectations for electoral purposes but to construct broader narratives about how 'the economy' should be understood. The starting point of this work is to ask why these goals have been focussed upon (and differentially over time), how they have been constructed to appeal to the population, and, insofar as this can be assessed, how far the population has accepted these narratives. The first half of the book analyses the development of the major narratives from the 1940s onwards, addressing the notion of 'austerity' and its particular meaning in the 1940s; the rise of a narrative of 'economic decline from the late 1950s, and the subsequent attempts to 'modernize' the economy; the attempts to 'roll back the state' from the 1970s; the impact of ideas of 'globalization' in the 1900s; and, finally, the way the crisis of 2008/9 onwards was constructed as a problem of 'debts and deficits'. The second part of the book focuses on four key issues in attempts to 'manage the people': productivity, the balance of payments, inflation, and unemployment. It shows how, in each case, governments sought to get the populace to understand these issues in a particular light, and shaped strategies to that end.

Arming the Western Front
Arming the Western Front

Author: Roger Lloyd-Jones

Publisher: Routledge

Published: 2016-06-10

Total Pages: 432

ISBN-13: 131717853X

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The First World War was above all a war of logistics. Whilst the conflict will forever be remembered for the mud and slaughter of the Western Front, it was a war won on the factory floor as much as the battlefield. Examining the war from an industrial perspective, Arming the Western Front examines how the British between 1900 and 1920 set about mobilising economic and human resources to meet the challenge of 'industrial war'. Beginning with an assessment of the run up to war, the book examines Edwardian business-state relations in terms of armament supply. It then outlines events during the first year of the war, taking a critical view of competing constructs of the war and considering how these influenced decision makers in both the private and public domains. This sets the framework for an examination of the response of business firms to the demand for 'shells more shells', and their varying ability to innovate and manage changing methods of production and organisation. The outcome, a central theme of the book, was a complex and evolving trade-off between the quantity and quality of munitions supply, an issue that became particularly acute during the Battle of the Somme in 1916. This deepened the economic and political tensions between the military, the Ministry of Munitions, and private engineering contractors as the pressure to increase output accelerated markedly in the search for victory on the western front. The Great War created a dual army, one in the field, the other at home producing munitions, and the final section of the book examines the tensions between the two as the country strove for final victory and faced the challenges of the transition to the peace time economy.

Agriculture and Economic Development in Europe Since 1870
Agriculture and Economic Development in Europe Since 1870

Author: Pedro Lains

Publisher: Routledge

Published: 2008-09-11

Total Pages: 428

ISBN-13: 1134095457

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This book adopts a revisionist perspective on the European economy, addressing the lack of coherent study of the agricultural sector and reassessing old theories about the links between agricultural and economic development.

The Oxford Handbook of American Economic History, vol. 1
The Oxford Handbook of American Economic History, vol. 1

Author: Edited by Louis P. Cain

Publisher: Oxford University Press

Published: 2018-06-15

Total Pages: 472

ISBN-13: 0197575994

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American economic history describes the transition of a handful of struggling settlements on the Atlantic seaboard into the nation with the most successful economy in the world today. As the economy has developed, so have the methods used by economic historians to analyze the process. Interest in economic history has sharply increased in recent years among the public, policy-makers, and in the academy. The current economic turmoil, calling forth comparisons with the Great Depression of the 1930s, is in part responsible for the surge in interest among the public and in policy circles. It has also stimulated greater scholarly research into past financial crises, the multiplier effects of fiscal and monetary policy, the dynamics of the housing market, and international economic cooperation and conflict. Other pressing policy issues--including the impending retirement of the Baby-Boom generation, the ongoing expansion of the healthcare sector, and the environmental challenges imposed by global climate change--have further increased demand for the long-run perspective given by economic history. Confronting this need, The Oxford Handbook of American Economic History affords access to the latest research on the crucial events, themes, and legacies of America's economic history--from colonial America, to the Civil War,up to present day. More than fifty contributors address topics as wide-ranging as immigration, agriculture, and urbanization. Over its two volumes, this handbook gives readers not only a comprhensive look at where the field of American economic history currently stands but where it is headed in the years to come.

The Oxford Handbook of American Economic History, vol. 1
The Oxford Handbook of American Economic History, vol. 1

Author: Edited by Louis P. Cain

Publisher: Oxford University Press

Published: 2018-06-15

Total Pages: 457

ISBN-13: 0190937068

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American economic history describes the transition of a handful of struggling settlements on the Atlantic seaboard into the nation with the most successful economy in the world today. As the economy has developed, so have the methods used by economic historians to analyze the process. Interest in economic history has sharply increased in recent years among the public, policy-makers, and in the academy. The current economic turmoil, calling forth comparisons with the Great Depression of the 1930s, is in part responsible for the surge in interest among the public and in policy circles. It has also stimulated greater scholarly research into past financial crises, the multiplier effects of fiscal and monetary policy, the dynamics of the housing market, and international economic cooperation and conflict. Other pressing policy issues--including the impending retirement of the Baby-Boom generation, the ongoing expansion of the healthcare sector, and the environmental challenges imposed by global climate change--have further increased demand for the long-run perspective given by economic history. Confronting this need, The Oxford Handbook of American Economic History affords access to the latest research on the crucial events, themes, and legacies of America's economic history--from colonial America, to the Civil War,up to present day. More than fifty contributors address topics as wide-ranging as immigration, agriculture, and urbanization. Over its two volumes, this handbook gives readers not only a comprhensive look at where the field of American economic history currently stands but where it is headed in the years to come.

The Cambridge Economic History of the Modern World: Volume 2, 1870 to the Present
The Cambridge Economic History of the Modern World: Volume 2, 1870 to the Present

Author: Stephen Broadberry

Publisher: Cambridge University Press

Published: 2021-06-24

Total Pages: 584

ISBN-13: 1009038559

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The second volume of The Cambridge Economic History of the Modern World explores the development of modern economic growth from 1870 to the present. Leading experts in economic history offer a series of regional studies from around the world, as well as thematic analyses of key factors governing the differential outcomes in different parts of the global economy. Topics covered include human capital, capital and technology, geography and institutions, living standards and inequality, trade and immigration, international finance, and warfare and empire.