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Although largely absent from modern accounts of the Industrial Revolution, watches were the first mass produced consumer durable, and were Adam Smith's pre-eminent example of technological progress. In fact, Smith makes the notable claim that watch prices may have fallen by up to 95 per cent...
Persistent link: https://www.econbiz.de/10010493004
We use databases we have created from the records of New York's Emigrant Savings Bank, founded by pre-Famine Irish immigrants and their children to serve Famine era immigrants, to study the social mobility of bank customers and, by extension, Irish immigrants more generally. We infer that New...
Persistent link: https://www.econbiz.de/10012615962
We measure technological progress in oceanic shipping directly by using a large database of daily log entries from ships of the British and Dutch East India Companies and Navies to estimate daily sailing speed in different wind conditions from 1750 to 1850. Against the consensus among economic...
Persistent link: https://www.econbiz.de/10011665419