"Europe's misfortunes from 1790 to 1810 unquestionably re bounded [sic] to America's benefit. In the absence of warfare among the Europeans, American output and incomes would have been less."
The contract construction industry today represents one of the most important sectors of the American economy. Total new construction in recent decades has accounted for nearly one-half of the Gross Private Domestic Investment, while non-farm residential building alone accounts for nearly one-quarter of GPDI.
The literature of economic history abounds with studies of nineteenth century banking. Unfortunately, most of these studies have drawbacks which make them of limited use to the modern student of economic history. The most serious drawback is their almost unanimously institutional character, punctuated here and there with biographical sketches of past bank presidents and directors. Those studies which do offer solid quantitative evidence on banking practice and performance are often based on aggregate statistics compiled by state or national banking commissions and thus preclude the study of individual institutions or small groups of institutions which may have played a key role in the development of early banking practices. This article represents a detailed investigation of the largest non-chartered bank of the early nineteenth century, the Bank of Stephen Girard.
It is a widely held belief that significant wage rate differentials existed between Britain and the United States during the period 1790–1830. Indeed, the existence of such differentials is a pivotal factor in at least one theory of the nature and rate of growth of American and British technology and in the explanation of relative factor combinations in the two countries during the nineteenth century.
Recent scholarly work in the economic history of the precivil War United States has produced an impressive array of statistical data. Estimates of income, output, capital stock, and population growth and distribution have been generated utilizing a variety of empirical sources and statistical techniques. But, despite these welcome advances in our knowledge and understanding of the early American economy, a number of important statistical records continue to elude scholars of the period. Information concerning immigration before 1820, the occupational distribution of the labor force, employment statistics, the cost of living, and the level and movement of retail prices and wages would, if available, prove valuable additions to our growing knowledge of the United States economy before 1860.
The purpose of this thesis is to investigate more thoroughly the experience of the urban and agricultural wage earner during the first four decades of American history by focusing on one major city and its environs. While the majority of Americans were engaged in independent agricultural pursuits during this period, the proportion of wage earners to total population was much greater in urban areas. Artisans, laborers, domestics, and mariners were among the largest of wage-earning groups.
In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Volume 38, Issue 11, p. 1626-1641
In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Volume 33, Issue 10, p. 1645-1669
In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Volume 31, Issue 12, p. 2027-2048