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The water-mill, though known in the Roman Empire from the second century BCE, did not come to enjoy any widespread use until the 4 th or 5 th centuries CE, and then chiefly in the West, which was then experiencing not only a rapid decline in the supply of slaves, but also widespread...
Persistent link: https://www.econbiz.de/10005704737
This paper analyses the major changes in textile products, production costs, prices, and market orientations during the era when the �draperies� or cloth industries of the late-medieval Low Countries and England had become increasingly dependent upon northern markets and the German...
Persistent link: https://www.econbiz.de/10005827229
This paper re-examines Earl Hamilton's famous 1929 thesis on 'Profit Inflation' and the 'birth of modern industrial capitalism': namely, that the inflationary forces of the Price Revolution era produced a widening gap between prices and wages, thus providing industrial entrepreneurs with...
Persistent link: https://www.econbiz.de/10005827232