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Seven Centuries of Unreal Wages - The Unreliable Data, Sources and Methods that have been used for Measuring Standards of Living in the Past (Hardcover, 1st ed. 2018)
Loot Price: R4,585
Discovery Miles 45 850
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Seven Centuries of Unreal Wages - The Unreliable Data, Sources and Methods that have been used for Measuring Standards of Living in the Past (Hardcover, 1st ed. 2018)
Series: Palgrave Studies in Economic History
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The quality of life experienced by people in the past is one of the
most important areas of historical enquiry, and the standard of
living of populations is one of the leading measures of the
economic performance of nations. Yet how accurate is the
information on which these judgments are based? This collection of
essays, written by renowned scholars in the fields of labour, wage
and welfare history, cogently undermine the validity of the data
that have for decades dominated the measurement of these phenomena
in Britain, Europe and Asia, and provided the statistical backbone
for countless descriptions and analyses of economic development,
welfare and many other prime subjects in economic and social
history. The contributors to this volume rigorously expose
misapprehensions of long-run macroeconomic estimates of the real
wage and provide a host of improved methods and data for revising
and rejecting them. This volume is essential reading for anyone
interested in economic and social history, economics and the
application of statistical methods to historical evidence.
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