The Condition of the Working-Class in England, 1209-2004
The paper uses building workers’ wages 1209-2004, and the skill premium, to consider the causes and consequences of the Industrial Revolution. Real wages were trendless before 1800, as would be predicted for the Malthusian era. Comparing wages with population, however, suggests 1640 actually was the break from the technological stagnation of the Malthusian era, long before the classic Industrial Revolution and even the arrival of modern democracy in 1689. Building wages also conflict with human capital interpretations of the Industrial Revolution, as modeled by Becker et al. (1990), Galor and Weil (2000) and Lucas (2002). Human capital accumulation began when the rewards for skills were unchanged, and when fertility was increasing.
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- Oded Galor & Omer Moav, 2002.
"Natural Selection And The Origin Of Economic Growth,"
The Quarterly Journal of Economics,
MIT Press, vol. 117(4), pages 1133-1191, November.
- Galor, Oded & Moav, Omer, 2001. "Natural Selection and the Origin of Economic Growth," CEPR Discussion Papers 2727, C.E.P.R. Discussion Papers.
- Galor, Oded & Moav, Omer, 2000. "Natural Selection and the Origin of Economic Growth," Arbetsrapport 2000:5, Institute for Futures Studies.
- Oded Galor & Omer Moav, 2000. "Natural Selection and the Origin of economic Growth," Working Papers 2000-18, Brown University, Department of Economics.
- Schofield, R. S., 1973. "Dimensions of illiteracy, 1750-1850," Explorations in Economic History, Elsevier, vol. 10(4), pages 437-454.
- Frank Geary & Tom Stark, 2004. "Trends in real wages during the industrial revolution: a view from across the Irish Sea," Economic History Review, Economic History Society, vol. 57(2), pages 362-395, 05.
- Ricardo, David, 1821. "On the Principles of Political Economy and Taxation," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, edition 3, number ricardo1821.
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