Jane Humphries and Benjamin Schneider have assembled several large databases of spinners’ production and wages that they believe disprove my view that high wages led to mechanization in eighteenth-century England. This reply examines their data and shows that they have little value for understanding the incentives to mechanize. In addition, I present new evidence that substantiates my earlier estimates of productivity and earnings. The high wage hypothesis is unimpaired by the critique of Humphries and Schneider.
ASJC Scopus subject areas
- Economics and Econometrics