Econ 101b: March 12 Lecture: Inflation and Unemployment
links for 2008-03-13

DeLong Econ 210a Industrial Revolution Slides: March 12

Lecture Audio

Economics 210a: Introduction to Economic History: U.C. Berkeley: Spring 2008: The Industrialization and Urbanization of England

General Purpose Technologies and the Industrial Revolution

Nicholas Crafts (2002), "The Solow Productivity Paradox in Historical Perspective," (London: CEPR Discussion Paper no.3142)




Maxine Berg and Pat Hudson, "Rehabilitating the Industrial Revolution," Economic History Review new ser. 45, pp.23-50

Peter Temin, "Two Views of the British Industrial Revolution," Journal of Economic History 57, pp.63-82

Jeffrey Williamson, "Why Was British Economic Growth So Slow During the Industrial Revolution?" Journal of Economic History 44, pp.687-712

  • [DeLong]:( Indeed, back in 1776 Adam Smith had warned that Britain's politico-military state's success might well crush its economy, writing about even successful debt-funded wars: "The practice... has gradually enfeebled every state which has adopted it. The Italian republicks... Spain seems to have learned the practice from the Italian republicks, and (its taxes being probably has, in proportion to its natural strength, been still more enfeebled.... France... languishes under an oppressive load.... The republic of the United Provinces is as much enfeebled by its debts as either Genoa or Venice.... Is it likely that in Great Britain alone a practice, which has brought either weakness or desolation into every other country, should prove altogether innocent?..."

Memo Question

March 12: The Industrial Revolution