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Built mostly to support the early mining industry, the Cape Colony's railways reduced the cost of transport to the interior and increased labor productivity in the Colony from 1859 to 1905 by, we calculate, 30 percent. Little of the gains went to the state-owned company: the Cape parliament...
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The arrival of European settlers at the Cape in 1652 marked the beginning of what would become an extremely unequal society. Comparative analysis reveals that certain endowments exist in societies that experience a 'persistence of inequality'. This paper shows that the emphasis on endowments may...
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The arrival of European settlers at the Cape in 1652 marked the beginning of what would become an extremely unequal society. Comparative analysis reveals that certain endowments exist in societies that experience a 'persistence of inequality'. This paper shows that the emphasis on endowments may...
Persistent link: https://www.econbiz.de/10008662851
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