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This paper advances a novel hypothesis regarding the historical roots of labor emancipation. It argues that the decline of coercive labor institutions in the industrial phase of development has been an inevitable by-product of the intensification of capital-skill complementarity in the...
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It is conventionally assumed that the pre-modern working year was fixed and that consumption varied with changes in wages and prices. This is challenged by the twin theories of the ‘industrious' revolution and the consumer revolution, positing a longer working year as people earned surplus...
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This paper advances a novel hypothesis regarding the historical roots of labor emancipation. It argues that the decline of coercive labor institutions in the industrial phase of development has been an inevitable by-product of the intensification of capital-skill complementarity in the...
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