Strategic Factors in Nineteenth Century American Economic by Claudia Goldin,Hugh Rockoff

By Claudia Goldin,Hugh Rockoff

Offering new examine on strategic components within the improvement of the 19th century American economy—labor, capital, and political structure—the participants to this quantity hire a strategy innovated by means of Robert W. Fogel, one of many prime pioneers of the "new fiscal history." Fogel's paintings is exceptional via the appliance of monetary concept and large-scale quantitative proof to long-standing ancient questions.

These 16 essays demonstrate, by means of instance, the continued energy of Fogel's strategy. The authors use an incredible number of facts, together with genealogies, the U.S. federal inhabitants census manuscripts, manumission and probate documents, enterprise money owed, farmers' account books, and slave narratives, to handle jointly marketplace integration and its effect at the lives of american citizens. The evolution of markets in agricultural and production hard work is taken into account first; that pertaining to capital and credits follows. The demography of loose and slave populations is the topic of the 3rd part, and the ultimate crew of papers examines the extra-market associations of governments and unions.

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