Abstract
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.
Original language | English (US) |
---|---|
Pages (from-to) | 1128-1136 |
Number of pages | 9 |
Journal | Economic History Review |
Volume | 73 |
Issue number | 4 |
DOIs | |
State | Published - Nov 1 2020 |
ASJC Scopus subject areas
- History
- Economics and Econometrics