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I argue in this paper that we do not pay teachers enough to get high-quality applicants. The reasons we find ourselves in this inferior equilibrium are rooted in our history. Most American teachers are and have been women; we have not accommodated to the increasing opportunities for women in the...
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This paper surveys the economy of New England in the half-century following 1830. It begins by discussing reasons why manufacturing grew in the United States and especially in New England. The paper surveys the outputs of New England industry, particularly machine tools and textiles. It then...
Persistent link: https://www.econbiz.de/10012471891
This paper begins the task of explaining why the American business elite has remained white, male and mostly native-born Protestants for a century, as verified in a previous paper (Temin, 1997). I argue that the evidence is inconsistent with the hypotheses that the stability is due to...
Persistent link: https://www.econbiz.de/10012471993
This paper surveys the causes of American business cycles for the century 1890 - 1990. Causes are taken to be exogenous shocks to a model with largely endogenous policy makers. Causes are classified as either real or monetary and domestic or foreign. All four causes were found to have led to...
Persistent link: https://www.econbiz.de/10012472121
This paper replicates a classic study of the American business elite. The older study done a half-century ago, reported the composition of business leaders a century ago. I have" drawn a sample of business leaders today to discover how much the composition of the" American business elite has...
Persistent link: https://www.econbiz.de/10012472609
There are two views of the British Industrial Revolution in the literature today. The more traditional description, represented by the views of Ashton and Landes, sees the Industrial Revolution as a broad change in the British economy and society. This broad view of the Industrial Revolution has...
Persistent link: https://www.econbiz.de/10012473390