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The modern industrial revolution, exit, and the failure of internal control systems
- JOURNAL OF FINANCE
, 1993
"... Since 1973 technological, political, regulatory, and economic forces have been changing the worldwide economy in a fashion comparable to the changes experienced during the nineteenth century Industrial Revolution. As in the nineteenth century, we are experiencing declining costs, increaing average ( ..."
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Cited by 972 (6 self)
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Since 1973 technological, political, regulatory, and economic forces have been changing the worldwide economy in a fashion comparable to the changes experienced during the nineteenth century Industrial Revolution. As in the nineteenth century, we are experiencing declining costs, increaing average
Reversal of fortune: geography and institutions in the making of modern world income,Quarterly
- Journal of Economics,
, 2002
"... Among countries colonized by European powers during the past 500 years, those that were relatively rich in 1500 are now relatively poor. We document this reversal using data on urbanization patterns and population density, which, we argue, proxy for economic prosperity. This reversal weighs against ..."
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Cited by 450 (31 self)
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the late eighteenth and early nineteenth centuries, and resulted from societies with good institutions taking advantage of the opportunity to industrialize.
Information Technology and Growth: Will the Software Industry Lead Egypt into a New Economy?
"... Information technology builds tools to manipulate, organize, transmit, and store information in digital form. It amplifies brainpower in a way analogous to that in which the nineteenth century Industrial revolution's technology of steam engines, metallurgy and giant power tools multiplied muscl ..."
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Information technology builds tools to manipulate, organize, transmit, and store information in digital form. It amplifies brainpower in a way analogous to that in which the nineteenth century Industrial revolution's technology of steam engines, metallurgy and giant power tools multiplied
Does the “New Economy” Measure up to the Great Inventions of the Past?
- JOURNAL OF ECONOMIC PERSPECTIVES—VOLUME 14, NUMBER 4—FALL 2000—PAGES 49–74
, 2000
"... A widespread belief seems to be emerging, at least in the popular press, that the U.S. economy is in the throes of a fundamental transformation, one which is wiping out the 1972–95 productivity slowdown, along with inflation, the budget deficit, and the business cycle. A typical recent comment, in a ..."
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Cited by 376 (3 self)
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that the recent acceleration in labor productivity is not just a cyclical phenomenon or a statistical aberration, but reflects, at least in part, a more deep-seated, still developing, shift in our economic landscape. ” The true enthusiasts treat the New Economy as a fundamental industrial revolution as great
Was the Industrial Revolution Inevitable? Economic Growth over the Very Long Run
- Advances in Macroeconomics
, 2001
"... This paper studies a growth model that is able to match two key facts of economic history. First, for thousands of years, the average standard of leaving seems to have risen very little, despite increases in the level of technology and large increases in the level of the popula-tion. Second, after t ..."
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Cited by 179 (1 self)
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thousands of years of little change, the level of per capita consumption has increased dramatically in less than two cen-turies. Quantitative analysis of the model highlights the importance of increases in the productivity with which a given population produces new ideas as crucial to the observed
A Reappraisal of the Role of Finance in The Corporate Revolution of the Late Nineteenth Century
"... It is practically an article of faith among economists that financial activity involves little more than the exchange of claims against current output for claims against future output, and that financial development is driven primarily by changing deficit financing requirements within industry or go ..."
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in excess of current revenues. The new financial developments which accompanied the corporate revolution of the late nineteenth century, in fact, had far less to do with obtaining funds from savers than with changing, establishing or formalizing relationships within and between existing businesses
The British Industrial Revolution in Global Perspective
, 2009
"... 1There has been a debate about the breadth of technological progress during the industrial revolution with Crafts (1985), Harley (1999), Crafts and Harley (1992, 2000) arguing that productivity growth was confined to the famous, revolutionized industries in the period 1801-31, while Temin (1997) has ..."
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Cited by 116 (2 self)
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the famous ones I discuss here. The Industrial Revolution is one of the most celebrated watersheds in human history. It is no longer regarded as the abrupt discontinuity that its name suggests, for it was the result of an economic expansion that started in the sixteenth century. Nevertheless, the eighteenth
Collective invention during the British industrial revolution: the case of the Cornish pumping engine’,
- Cambridge Journal of Economics,
, 2004
"... ABSTRACT In this paper, we argue that together with individual inventors and firms, what Robert C. Allen (1983) has termed as collective invention settings (that is settings in which rival firms freely release each other pertinent technical information), were also a crucial source of innovation in ..."
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Cited by 82 (6 self)
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in the industrial revolution period. Until now, this has been very little considered in the literature. This paper focuses on one of these cases: the Cornish mining district. In Cornwall, during the early nineteenth century, a notable collective invention setting, gradually emerged. This case is particularly
Class Formation and Underdevelopment in NineteenthCentury Haiti
- Race and Class
, 1982
"... As is well known, Haiti is the only former slave colony to have waged a successful slave revolution which culminated in the independence of Haiti from France and the formation of the first black republic in the ’New World’. Yet, in spite of this glorious beginning, the Haitian economy was not able t ..."
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Cited by 2 (0 self)
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As is well known, Haiti is the only former slave colony to have waged a successful slave revolution which culminated in the independence of Haiti from France and the formation of the first black republic in the ’New World’. Yet, in spite of this glorious beginning, the Haitian economy was not able
(i) Nineteenth Century Developments; (ii) Turn of the Century Developments
"... The article examined the work of Efland A, culled from the International Encyclopedia. In the document, Efland painstakingly gave an account of the development of Art Education spanning a period of 200 years across the nations of the world. He began his report by giving a graphic explanation of Art ..."
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education, it purposes, practice and origin which he traced to the industrial revolution. Precisely Efland approached his subject matter in the following order.
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