This paper re-examines Earl Hamilton`s famous 1929 thesis on "Profit Inflation"and the birth of modern industrial capitalism: namely, that the inflationary forces of the Price Revolution era produced a widening gap between prices and wages, thus providing industrial entrepreneurs with windfall...

The purpose of this article is to present new evidence on living standards during the Spanish industrialisation process by means of secular trends in height. The data pertain to Elche, a town in the Valencia region of southeastern Spain that witnessed early and rapid industrial development in...