The Power Makers

The Power Makers

Author: Maury Klein

Publisher: Bloomsbury Publishing USA

Published: 2010-09-01

Total Pages: 538

ISBN-13: 1596918349

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Maury Klein is one of America's most acclaimed historians of business and society. In The Power Makers, he offers an epic narrative of his greatest subject yet - the "power revolution" that transformed American life in the course of the nineteenth century. The steam engine; the incandescent bulb; the electric motor-inventions such as these replaced backbreaking toil with machine labor and changed every aspect of daily life in the span of a few generations. The cast of characters includes inventors like James Watt, Elihu Thomson, and Nikola Tesla; entrepreneurs like George Westinghouse; savvy businessmen like J.P. Morgan, Samuel Insull, and Charles Coffin of General Electric. Striding among them like a colossus is the figure of Thomas Edison, who was creative genius and business visionary at once. With consummate skill, Klein recreates their discoveries, their stunning triumphs and frequent failures, and their unceasing, bare-knuckled battles in the marketplace. In Klein's hands, their personalities and discoveries leap off the page. The Power Makers is a dazzling saga of inspired invention, dogged persistence, and business competition at its most naked and cutthroat--a biography of America in its most astonishing decades.


Electricity in the American Economy

Electricity in the American Economy

Author: Sam H. Schurr

Publisher: Bloomsbury Publishing USA

Published: 1990-12-07

Total Pages: 464

ISBN-13: 031303639X

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Electricity has penetrated deeply into virtually every aspect of American life, be it in industry, the home, or in the rapidly growing commercial and service sectors. This book documents and analyzes the existence of a strong, and growing, synergy between technological progress and the use of electrified production techniques in the United States during the twentieth century. The authors use two types of information in their work: case studies of the ways in which technological progress in particular industries and economic sectors has depended upon the adoption of electrified methods of production and aggregative long-term national economic statistics that measure the changing relationship over time between increases in the use of electricity and other factor inputs and the growth in industrial productivity. Eleven of the book's thirteen chapters cover the case studies, while the remaining two chapters and the statistical appendix contain the broad quantitative findings and supporting data. In their analysis, the authors address three inter-related questions from a long-term evolutionary perspective: Why has electricity's share of total energy risen so sharply over the years? How has this rise been related to productivity growth? and Why has the rise in electricity led to long-term improvements in the efficiency of overall energy use despite the thermal energy losses sustained when fuels are converted into electricity? The answer to these questions, they contend, is the technological progress represented by electrified production technologies, and in the new ways of organizing production that are now possible. The different ways in which electrical energy has been put to work, and with what results, are examined in the various case studies presented, and further documented in the aggregative statistical analysis. This study reveals the important role that the electrification of production operations has played in supporting productivity growth in manufacturing and other economic sectors in the past, and the important part that it can continue to play in the future. This book will appeal to a broad spectrum of readers; those interested in productivity issues, energy policy, electricity in general, historians of technology, economic historians, and those interested in current technological issues. It will be a necessary acquisition for college and university libraries, as well as those individuals interested in energy, technology, economic growth, history, and the interfaces among them.


A Bibliographic Guide to North American Industry

A Bibliographic Guide to North American Industry

Author: Dale A. Stirling

Publisher: Scarecrow Press

Published: 2009-03-26

Total Pages: 324

ISBN-13: 0810867028

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With a view toward the heritage of North American Industry, A Bibliographic Guide to North American Industry: History, Health, and Hazardous Waste provides recommended readings in historical and contemporary literature related to the origins of specific industries, the health and safety issues they face, and how they manage waste and prevent pollution. It encompasses three areas of industry that are critical to understanding the whole of industry: historical development, protection of worker health, and management of associated hazardous substances and materials. This publication serves the reference needs of researchers examining issues of historical development of industry, worker exposure to hazardous substances and materials, and historic and contemporary management of hazardous wastes. The book is unique in using the North American Industrial Classification System as a framework for organizing bibliographic entries. Attorneys, historians, economists, and all others interested in historical and contemporary issues facing North American industry find here a useful and important resource.


Handbook of the Economics of Innovation

Handbook of the Economics of Innovation

Author: Bronwyn H. Hall

Publisher: Elsevier

Published: 2010-03-06

Total Pages: 599

ISBN-13: 0444536108

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How does technology advance? How can we best assimilate innovation? These questions and others are considered by experts on the theories and applications of technological innovations. Considering subjects as diverse as the diffusion of new technologies and their industrial applications, governmental policies, and manifestations of innovation in our institutions, history, and environment, our contributors map milestones in research and speculate about the roads ahead. Wasteful, inefficient, and frequently wrongheaded, the process of technological changes is here revealed as a describable, scientific force. Two volumes, available separately and as a set. - Expert articles consider the best ways to establish optimal incentives in technological progress - Science and innovation, both their theories and applications, are examined at the intersections of the marketplace, policy, and social welfare - Economists are only part of an audience that includes attorneys, educators, and anyone involved in new technologies


The Relentless Revolution: A History of Capitalism

The Relentless Revolution: A History of Capitalism

Author: Joyce Appleby

Publisher: W. W. Norton & Company

Published: 2011-03-07

Total Pages: 513

ISBN-13: 0393339394

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The unlikely development of a potent historical force, told with grace, insight, and authority by one of our best historians. With its deep roots and global scope, the capitalist system provides the framework for our lives. It is a framework of constant change, sometimes measured and predictable, sometimes drastic and out of control. Yet what is now ubiquitous was not always so. Capitalism took shape centuries ago, starting with a handful of isolated changes in farming, trade, and manufacturing, clustered in early-modern England. Astute observers began to notice these changes and consider their effects. Those in power began to harness these new practices to the state, enhancing both. A system generating wealth, power, and new ideas arose to reshape societies in a constant surge of change. The centuries-long history of capitalism is rich and eventful. Approaching capitalism as a culture, as important for its ideas and values as for its inventions and systems, Joyce Appleby gives us a fascinating introduction to this most potent creation of mankind from its origins to now.


Economic Growth

Economic Growth

Author: Steven Durlauf

Publisher: Springer

Published: 2016-05-23

Total Pages: 287

ISBN-13: 023028082X

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Specially selected from The New Palgrave Dictionary of Economics 2nd edition, each article within this compendium covers the fundamental themes within the discipline and is written by a leading practitioner in the field. A handy reference tool.


The Race between Education and Technology

The Race between Education and Technology

Author: Claudia Goldin

Publisher: Harvard University Press

Published: 2009-07-01

Total Pages: 497

ISBN-13: 0674037731

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This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. The authors propose that the twentieth century was not only the American Century but also the Human Capital Century. That is, the American educational system is what made America the richest nation in the world. Its educational system had always been less elite than that of most European nations. By 1900 the U.S. had begun to educate its masses at the secondary level, not just in the primary schools that had remarkable success in the nineteenth century. The book argues that technological change, education, and inequality have been involved in a kind of race. During the first eight decades of the twentieth century, the increase of educated workers was higher than the demand for them. This had the effect of boosting income for most people and lowering inequality. However, the reverse has been true since about 1980. This educational slowdown was accompanied by rising inequality. The authors discuss the complex reasons for this, and what might be done to ameliorate it.


Handbook of Economic Growth

Handbook of Economic Growth

Author: Philippe Aghion

Publisher: Elsevier

Published: 2005-12-21

Total Pages: 839

ISBN-13: 0444520430

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Featuring survey articles by leading economists working on growth theory, this two-volume set covers theories of economic growth, the empirics of economic growth, and growth policies and mechanisms. It also covers technology, trade and geography, and growth and socio-economic development.