Cotton textile firms led the development of machinery-based industrialization in the Industrial Revolution.  This paper presents price and profits data extracted from the accounting records of three cotton firms between the 1770s and the 1820s.  The course of prices and profits in cotton...

Price and profit data between the 1770s and the 1820s from accounting records of three Lancashire cotton firms help to illumine the nature of the economic processes at work in early industrialization. Many historians have seen the Industrial Revolution as a Schumpeterian process in which...

Cotton textile firms led the development of machinery-based industrialization in the Industrial Revolution. This paper presents price and profits data extracted from the accounting records of three cotton firms between the 1770s and the 1820s. The course of prices and profits in cotton textiles...