1st Edition

Did British Capitalism Breed Inequality?

By Jeffrey G. Williamson Copyright 2006
288 Pages
by Routledge

288 Pages
by Routledge

288 Pages
by Routledge

The economic and social problems of modern Scotland are the centre of much current debate about regional economic growth, social improvement and environmental rehabilitation. In this book, relevant as much today as when it was first published in 1975, Anthony Slaven argues that the extent and causes of these problems are frequently underestimated, thus making development policies less than fully... Read more

1. The issues

PART I

2. Real wages and standard of living

3. Earnings inequality, skill scarcity and the structure of pay

4. Income inequality

PART II

5. What drives inequality?

6. Disequilibrating factor demand: The industrialization bias

7. Equilibrating supply: men, machines and skills

PART III

8. Modeling inequality in a resource-scarce open economy

9. Fact or fiction?

10. Accounting for the Kuznets Curve, 1821-1911

11. Why was British growth so slow before the 1820s?

12. Inequality, industrialization and the standard of living during wartime: conjectures

13. Data, theory and debate

Appendices.

Biography

Williamson, Jeffrey G. Professor of Economics, Harvard University