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Strategic Factors in Nineteenth Century American Economic History - A Volume to Honor Robert W. Fogel (Hardcover, New)
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Strategic Factors in Nineteenth Century American Economic History - A Volume to Honor Robert W. Fogel (Hardcover, New)
Series: (NBER) National Bureau of Economic Research Conference Reports
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Offering new research on strategic factors in the development of
the nineteenth century American economy--labor, capital, and
political structure--the contributors to this volume employ a
methodology innovated by Robert W. Fogel, one of the leading
pioneers of the "new economic history". Fogel's work is
distinguished by the application of economic theory and large-scale
quantitative evidence to long-standing historical questions. These
sixteen essays reveal, by example, the continuing vitality of
Fogel's approach. The authors use an astonishing variety of data,
including genealogies, the U.S. federal population census
manuscripts, manumission and probate records, firm accounts,
farmers' account books, and slave narratives, to address
collectively market integration and its impact on the lives of
Americans. Students of labor history will find essays that reveal
which laborers gained from early industrialization, how labor
markets of the period responded to macroeconomic disturbances, and
what role was played by contract labor in northern agriculture. For
those with interests in monetary and financial history, there are
essays that examine antebellum financial market integration, the
effects of disturbances in financial markets on the real economy,
and the accumulation and distribution of wealth. Demographers will
benefit from five innovative studies: one setting forth new period
and cohort mortality estimates, another on nutrition and health
among free African-Americans, a revealing portrait of the slave
family, and, lastly, two explaining the fertility decline. Finally,
three essays are devoted to political economy, one to railroad
financing in Canada and two to the economicconsequences of urban
politics in the United States. The volume also includes two
appreciations of Fogel written by Stanley L. Engerman and Donald N.
McCloskey, and a bibliography of Fogel's writings. Economic
historians will find the volume indispensable because of its wealth
of new findings and conjectures about the nature of economic
development in the nineteenth century; it also provides a basis for
appreciating the contribution of the new economic history and
Fogel's central role within it.
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