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, a process that accelerated even more up to 1950-1975. What explains the spread of the industrial revolution world … world financial markets also reduced the cheap capital advantage of the leaders. However, ever-cheaper labor was not a …
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"Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies as unequal as they are today? For want of sufficient data, these questions have not yet been answered. This paper infers inequality for 14 ancient, pre-industrial societies using...
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