In his seminal book, The Enlightened Economy, Joel Mokyr argued that "in Britain the high quality of workmanship available to support innovation, local and imported, helped create the Industrial Revolution". By these, Mokyr refers to "the top 3-5 percent of the labor force in terms of skills:...

The relationship between training and firm-level employment adjustment given an unanticipated fall in product demand has been central to human capital theory. The most cataclysmic negative output shock occurred in 1929-30. At this time, easily the most important source of United Kingdom general...

The relationship between training and firm-level employment adjustment given an unanticipated fall in product demand has been central to human capital theory. The most cataclysmic negative output shock occurred in 1929/30. At this time, easily the most important source of United Kingdom general...