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This book examines the history of institutional changes in U.S. labor markets during the late nineteenth and early twentieth centuries. It combines a detailed historical description of how these institutions worked and evolved with a thorough analysis of quantitative evidence that reveals their implications for geographic wage convergence and market integration. This account illustrates both the importance of institutions as determinants of national economic performance and the importance of market forces in establishing the context of late nineteenth century labor history.

The essays in this book use the analytical tools and theoretical framework of economics to interpret quantitative historical evidence, offering new ways to approach historical issues and suggesting entirely new types of evidence outside conventional archives. Rosenbloom has gathered together seven essays from leading quantitative economic historians, illustrating the breadth of scope and continued importance of quantitative economic history. All of the chapters explore in one way or another the economic and social transformations associated with the emergence of an industrial and...

The essays in this book use the analytical tools and theoretical framework of economics to interpret quantitative historical evidence, offering new ways to approach historical issues and suggesting entirely new types of evidence outside conventional archives. Rosenbloom has gathered together seven essays from leading quantitative economic historians, illustrating the breadth of scope and continued importance of quantitative economic history.

All of the chapters explore in one way or another the economic and social transformations associated with the emergence of an industrial and...

This book examines the history of institutional changes in U.S. labor markets during the late nineteenth and early twentieth centuries. It combines a detailed historical description of how these institutions worked and evolved with a thorough analysis of quantitative evidence that reveals their implications for geographic wage convergence and market integration. This account illustrates both the importance of institutions as determinants of national economic performance and the importance of market forces in establishing the context of late nineteenth century labor history.

This book challenges the static, ahistorical models on which Economics continues to rely. These models presume that markets operate on a "frictionless" plane where abstract forces play out independent of their institutional and spatial contexts, and of the influences of the past. In reality, at any point in time exogenous factors are themselves outcomes of complex historical processes. They are shaped by institutional and spatial contexts, which are "carriers of history," including past economic dynamics and market outcomes. To examine the connections between gradual, evolutionary change and...