The Economy of British America, 1607-1789

The Economy of British America, 1607-1789

Author: John J. McCusker

Publisher: UNC Press Books

Published: 2014-01-01

Total Pages: 538

ISBN-13: 1469600005

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By the American Revolution, the farmers and city-dwellers of British America had achieved, individually and collectively, considerable prosperity. The nature and extent of that success are still unfolding. In this first comprehensive assessment of where research on prerevolutionary economy stands, what it seeks to achieve, and how it might best proceed, the authors discuss those areas in which traditional work remains to be done and address new possibilities for a 'new economic history.'


American Economic Growth and Standards of Living before the Civil War

American Economic Growth and Standards of Living before the Civil War

Author: Robert E. Gallman

Publisher: University of Chicago Press

Published: 2007-12-01

Total Pages: 410

ISBN-13: 0226279472

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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.


A New Balance of Payments for the United States, 1790–1919

A New Balance of Payments for the United States, 1790–1919

Author: Lawrence H. Officer

Publisher: Springer Nature

Published: 2021-03-24

Total Pages: 424

ISBN-13: 3030660990

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This book develops new balance of payments statistics for the United States from 1790 to 1919, before official statistics were kept. Part I of this book justifies construction of a new balance of payments table, and Chapter 1 surveys existing tables from that standpoint. Chapter 2 shows how this book overcomes the limitations of Office of Business Economics and its North-Simon-Goldsmith foundation. Specific features are highlighted, including measurement decisions, improvement of OBE series, development of new series, and derived implications for the structure of the US economy and for the importance of individual sectors that loom large at various times: slave trade, shipping, manufacturing, and travel. The book then generates new time series of the movement of people, the movement of goods, the movement of funds, and the provision of services. Part VI puts the new balance of payments table to use in several ways: aggregates and balances within the table, structure of the US economy, and specific sectors of the economy (slave trade, shipping, manufacturing, travel). Finally, Part VII provides concluding comments.


From Market-Places to a Market Economy

From Market-Places to a Market Economy

Author: Winifred Barr Rothenberg

Publisher: University of Chicago Press

Published: 1992-11-15

Total Pages: 308

ISBN-13: 9780226729534

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Through innovative use of little used archival material, Rothenberg finds that the relevant economic magnitudes - farm commodity prices, wages for day and monthly farm labor, and the determinants of rural wealth holding - behaved as if they had been formed in a market. This ground breaking discovery reveals how an agricultural economy that lacked both an important export staple and technological change could experience market-led growth. To understand this impressive economic development, Rothenberg discusses a number of provocative questions.


The Path to Mechanized Shoe Production in the United States

The Path to Mechanized Shoe Production in the United States

Author: Ross Thomson

Publisher: UNC Press Books

Published: 2018-08-25

Total Pages: 316

ISBN-13: 1469644231

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In 1800, shoes in the United States were made by craftsmen, each trained to create an entire shoe. A century later, shoes were mass-produced in factories employing dozens of machines and specialized workers. Ross Thomson describes this transition from craft to mechanized production in one of the largest American industries of the nineteenth century. Early shoe machinery originated through innovations made by shoemakers, tailors, and especially machinists. It continued to evolve through a process of "learning by selling," in which sales of one generation of machines led to technological learning and ongoing invention by those who used, serviced, and sold them. As a result of this process, the mechanization of the shoe industry and the manufacturers of the machinery it used -- including such firms as Singer and United Shoe Machinery -- evolved together. In researching the process of industrialization, Thomson examined nearly 8,000 patents. Comparing the patent information with directories for more than eighty American cities, he was able to find out who the inventors were, who employed them, how many patents they held, and the extent to which their inventions were used. Originally published in 1989. A UNC Press Enduring Edition -- UNC Press Enduring Editions use the latest in digital technology to make available again books from our distinguished backlist that were previously out of print. These editions are published unaltered from the original, and are presented in affordable paperback formats, bringing readers both historical and cultural value.


A Bibliography of Historical Economics to 1980

A Bibliography of Historical Economics to 1980

Author: Deirdre N. McCloskey

Publisher: Cambridge University Press

Published: 1990

Total Pages: 536

ISBN-13: 9780521403276

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Historians and economists will find here what their fields have in common - the movement since the 1950s known variously as 'cliometrics', 'economic history', or 'historical economics'. A leading figure in the movement, Donald McCloskey, has compiled, with the help of George Hersh and a panel of distinguished advisors, a highly comprehensive bibliography of historical economics covering the period up until 1980. The book will be useful to all economic historians, as well as quantitative historians, applied economists, historical demographers, business historians, national income accountants, and social historians.


Capital in the Nineteenth Century

Capital in the Nineteenth Century

Author: Robert E. Gallman

Publisher: University of Chicago Press

Published: 2022-06-03

Total Pages: 400

ISBN-13: 022682103X

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Gives permanence and context to Gallman’s influential economic research on growth theory. When we think about history, we often think about people, events, ideas, and revolutions, but what about the numbers? What do the data tell us about what was, what is, and how things changed over time? 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 performance. Analyzing data in this way from the end of the US colonial period to the turn of the twentieth century, Gallman placed our knowledge of the long nineteenth century—the period during which the United States began to experience per capita income growth and became a global economic leader—on a strong empirical foundation. Gallman’s research was painstaking and his analysis meticulous, but he did not publish the material backing to his findings in his lifetime. Here Paul W. Rhode completes this project, giving permanence to a great economist’s insights and craftsmanship. Gallman’s data speak to the role of capital in the economy, which lies at the heart of many of the most pressing issues today.