ISBN: 9781330616321 - labor scarcity and the problem of american industrial efficiency in the 1850's (classic reprint) (3 Ergebnisse)

PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Zustand: New. Print on Demand. This book reexamines statements by British visitors in the 1850s that the higher cost of labor in the United States led to the development of more labor-saving machinery. The author reformulates these statements in terms of modern concepts to investigate whether they can be supported either by logical inferences or by empirical evidence. The book argues that the British visitors were largely correct and provides evidence that the development of labor-saving machinery in the United States was due to the high cost of labor and may have also been due to a lower rate of interest in the United States. With accessible language, clear examples, and in-depth analysis, the author sheds new light on the factors that contributed to American technological superiority in the 19th century and the implications for understanding the development of different technologies in different economic environments. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…