作者:University of North Carolina; Appalachian State University
作者:University of Massachusetts System; University of Massachusetts Lowell
作者:University of Oxford
摘要:The spinning jenny helps explain why the Industrial Revolution occurred in Britain rather than in France or India. Wages were exceptionally high relative to capital prices in Britain., so the jenny was profitable to use in Britain but not elsewhere. Since it was only profitable to use the jenny in Britain, that was the only country where it as worth incurring the costs of developing it. Irrespective of the quality of their institutions or the progressiveness of their cultures, neither the Fren...
作者:Clemson University; National Bureau of Economic Research
作者:Columbia University; Tulane University
摘要:We investigate determinants of slave family discounts in the New Orleans slave market. We find large price discounts for families unrelated to scale effects, childcare costs, legal restrictions, or transport costs. We posit that because family members voluntarily cared for each other, sellers sometimes found it advantageous to keep families together (when families included needy or dependent members). Evidence from ship manifests carrying slaves for sale in New Orleans provides direct evidence...