Favorites of Fortune: Technology, Growth, and Economic Development Since the Industrial Revolution
Patrice L. R. Higonnet, David S. Landes, Henry Rosovsky, Coolidge Professor of History and Professor of Economics Emeritus David S Landes
Harvard University Press, 1991 - Počet stran: 558
A galaxy of distinguished international economists and historians pit economic history against the shaky assumptions of the classical economic theory of natural growth. Their explanations consider the factors of technology, entrepreneurialism, and paths to economic growth, but each reflects an ideological wave of explanation that has marked the last two hundred years.
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In this interpretation , the Industrial Revolution created a new isoquant , with
many feasible points corresponding to different capital - labor ratios . Could it be
that the empirical difficulties of the growing - up model are resolved if we allow for
Cottrell ' s analysis of the working of capital markets is unexceptionable , but his
counterfactual — that with better capital markets , the rate of accumulation would
not have been substantially different — is open to question . Jeffrey Williamson ...
I will measure output as the tonnage of final iron and steel products , labor as the
number of employees , and capital as installed horsepower . These numbers are
all taken from my earlier study of this industry ( Allen 1979 , p . 919 ) . Labor and ...
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On Technology and Growth
Paul A David The Hero and the Herd in Technological
Rudolf Braun The Docile Body as an EconomicIndustrial
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