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What is the origin and essence of fashion? This question has engaged scholars of various disciplines over the past decades, most of whom approach this subject with a Western or European focus. This paper argues instead that Asia was also pivotal in the articulation of the fashion system in...
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Design standards are carriers and creators of facts, enabling facts about product value to travel between groups, and assisting in the creation of product value by establishing a reference or comparison against which product attributes are compared. However, when design standards are not...
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New data on individual worker’s outputs show that New England ring spinners exhibited substantial on the job learning c. 1905. Despite this, variable capital-labour ratios meant high labour turnover reduced aggregate labour productivity only fractionally. The combination of variable...
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This paper re-examines the economics of premodern apprenticeship in England. I present new data showing that a high proportion of apprenticeships in seventeenth century London ended before the term of service was finished. I then propose a new account of how training costs and repayments were...
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In the 1900s, the European film industry exported throughout the world, at times supplying half the US market. By 1920, however, European films had virtually disappeared from America, and had become marginal in Europe. Theory on sunk costs and market structure suggests that an escalation of sunk...
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La Rochelle, the fourth largest slaving port in France in the eighteenth-century, is used as a case study in the application of agency theory to long-distance trade. This analysis explores an area not accounted for in the literature on French commercial practices. Being broadly couched in a New...
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