front cover of American Economic Growth and Standards of Living before the Civil War
American Economic Growth and Standards of Living before the Civil War
Edited by Robert E. Gallman and John Joseph Wallis
University of Chicago Press, 1992
This benchmark volume addresses the debate over the effects of early industrialization on standards of living during the decades before the Civil War. Its contributors demonstrate that the aggregate antebellum economy was growing faster than any other large economy had grown before.

Despite the dramatic economic growth and rise in income levels, questions remain as to the general quality of life during this era. Was the improvement in income widely shared? How did economic growth affect the nature of work? Did higher levels of income lead to improved health and longevity? The authors address these questions by analyzing new estimates of labor force participation, real wages, and productivity, as well as of the distribution of income, height, and nutrition.
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Birth Weight and Economic Growth
Women's Living Standards in the Industrializing West
W. Peter Ward
University of Chicago Press, 1993
How can the history of birth weight add to our knowledge of women's living conditions in the past? In this study of newborn weight and economic growth in Boston, Dublin, Edinburgh, Montreal, and Vienna between 1850 and 1930, W. Peter Ward explores the relation between infant size, economic development, and living standards of working-class women in the industrializing West.

Drawing on clinical records from urban maternity hospitals and outpatient services, Ward compares birth weight between cities and traces changes in fetal size during a period in which some cities experienced dramatic economic development while others stagnated. Because fetal growth is strongly affected by maternal nutrition, Ward's research sheds new light on the well-being of working-class women whose living conditions have long been obscure and exceedingly difficult to examine.

This book will interest social and economic historians, as well as scholars of women's studies and the history of medicine, and its lessons on the distribution of social benefits during economic change have immidiate relevance for today's developing countries.
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Bourgeois Equality
How Ideas, Not Capital or Institutions, Enriched the World
Deirdre Nansen McCloskey
University of Chicago Press, 2016
 There’s little doubt that most humans today are better off than their forebears. Stunningly so, the economist and historian Deirdre McCloskey argues in the concluding volume of her trilogy celebrating the oft-derided virtues of the bourgeoisie. The poorest of humanity, McCloskey shows, will soon be joining the comparative riches of Japan and Sweden and Botswana.
 
Why? Most economists—from Adam Smith and Karl Marx to Thomas Piketty—say the Great Enrichment since 1800 came from accumulated capital. McCloskey disagrees, fiercely. “Our riches,” she argues, “were made not by piling brick on brick, bank balance on bank balance, but by piling idea on idea.” Capital was necessary, but so was the presence of oxygen. It was ideas, not matter, that drove “trade-tested betterment.”  Nor were institutions the drivers. The World Bank orthodoxy of “add institutions and stir” doesn’t work, and didn’t. McCloskey builds a powerful case for the initiating role of ideas—ideas for electric motors and free elections, of course, but more deeply the bizarre and liberal ideas of equal liberty and dignity for ordinary folk. Liberalism arose from theological and political revolutions in northwest Europe, yielding a unique respect for betterment and its practitioners, and upending ancient hierarchies. Commoners were encouraged to have a go, and the bourgeoisie took up the Bourgeois Deal, and we were all enriched.
 
Few economists or historians write like McCloskey—her ability to invest the facts of economic history with the urgency of a novel, or of a leading case at law, is unmatched. She summarizes modern economics and modern economic history with verve and lucidity, yet sees through to the really big scientific conclusion. Not matter, but ideas. Big books don’t come any more ambitious, or captivating, than Bourgeois Equality.
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Building a Social Contract
Modern Workers' Houses in Early-Twentieth Century Detroit
McCulloch, Michael
Temple University Press, 2023
The dream of the modern worker’s house emerged in early twentieth-century America as wage earners gained access to new, larger, and better-equipped dwellings. Building a Social Contract is a cogent history of the houses those workers dreamed of and labored for. Michael McCulloch chronicles the efforts of employers, government agencies, and the building industry who, along with workers themselves, produced an unprecedented boom in housing construction that peaked in the mid-1920s.

Through oral histories, letters, photographs, and period fiction, McCulloch traces wage earners’ agency in negotiating a new implicit social contract, one that rewarded hard work with upward mobility in modern houses. This promise reflected workers’ increased bargaining power but, at the same time, left them increasingly vulnerable to layoffs.

Building a Social Contract focuses on Detroit, the quintessential city of the era, where migrant workers came and were Americanized, and real estate agents and the speculative housebuilding industry thrived. The Motor City epitomized the struggle of Black workers in this period, who sought better lives through industrial labor but struggled to translate their wages into housing security amid racist segregation and violence. When Depression-era unemployment created an eviction crisis, the social contract unraveled, and workers rose up—at the polls and in the streets—to create a labor movement that reshaped American capitalism for decades.

Today, the lessons McCulloch provides from early twentieth-century Detroit are a necessary reminder that wages are not enough, and only working-class political power can secure affordable housing.
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The Economy and Material Culture of Russia, 1600-1725
Richard Hellie
University of Chicago Press, 1999
In this extraordinary and definitive study of the Russian economy from 1600-1725, Richard Hellie offers a glimpse of the material life of the people of Muscovy during that tumultuous period—how they lived, what they ate, how they were taxed, what their wages allowed them to enjoy. Making these determinations required more than a decade of work and analysis of over 107,000 records. The resulting book devotes chapters to each category of consumer goods, in which transactions involving the product are summarized. Hellie further provides notes and commentary on the transactions to locate their place in the full Russian economy.

Impressive in scope and data analysis, Economy and Material Culture of Russia, 1600-1725 will be an invaluable resource and reference work for all readers interested in economic history and the history of material culture. Since there is no comparable one-volume work for any other society at any other time in history, Hellie's is a truly unique and profound achievement.

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Financialization Of Daily Life
Randy Martin
Temple University Press, 2002
While trillions of dollars came and went in the stock market boom of the 1990s, the image of "every man and woman a CEO" may turn out to be the era's lasting legacy. Business news, once reserved to specialized papers or sections of the larger news of the day, came to the forefront in cable television and in cultural images of how ordinary people, through the internet and other avenues could not only master their financial life, but move money and equity around with the ease of a financial titan. Financialization of Daily Life looks at how this transformation occurred, and how it is just now becoming a significant, and troubling, aspect of our political and cultural life.Randy Martin takes us through all of the aspects of our "financialization." He examines how the shift in economic life arose not only from changes in culture, but also from new policy priorities that emphasize controlling inflation over promoting growth. He offers a close reading of self-help literature that teaches parents how to rear financially literate children and to instruct adults in the fundamentals of fiscal management. He examines just what a society that treats financial investment as a national past time really looks like, and how that society is transforming the world.In a country rocked by scandals in accounting and banking, the identification ordinary citizens make with, and the risk with which they engage in, the stock market calls into question the very basis of our economic system. Randy Martin spells out in clear terms the implications our financial doings—and undoing—have for the way we organize our lives, and, especially, our money.
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Horizontal Equity, Uncertainty, and Economic Well-being
Edited by Martin David and Timothy Smeeding
University of Chicago Press, 1985
The result of a National Bureau of Economic Research Income and Wealth conference held in December 1983, this volume looks at the concept of "economic well-being" and the ways that analysts have tried to measure it. In addition to income, economists have begun to consider such factors as pensions, wealth, health, and environment when measuring the well-being of a particular group. They have also begun to measure how consumers respond, successfully or unsuccessfully, to such economic uncertainties as inflation, divorce, and retirement. Using new data and techniques, the contributors to this book concentrate on issues of uncertainty and horizontal equity (the equal treatment of individuals within a defined group). Their work points to better ways of determining how various groups in a society are faring relative to other groups. Economists and policy analysts, therefore, will be in a better position to determine how government programs should be applied when well-being is used as a test.
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Improving the Measurement of Consumer Expenditures
Edited by Christopher D. Carroll, Thomas F. Crossley, and John Sabelhaus
University of Chicago Press, 2015
Robust and reliable measures of consumer expenditures are essential for analyzing aggregate economic activity and for measuring differences in household circumstances. Many countries, including the United States, are embarking on ambitious projects to redesign surveys of consumer expenditures, with the goal of better capturing economic heterogeneity. This is an appropriate time to examine the way consumer expenditures are currently measured, and the challenges and opportunities that alternative approaches might present.      

Improving the Measurement of Consumer Expenditures begins with a comprehensive review of current methodologies for collecting consumer expenditure data. Subsequent chapters highlight the range of different objectives that expenditure surveys may satisfy, compare the data available from consumer expenditure surveys with that available from other sources, and describe how the United States’s current survey practices compare with those in other nations.
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Lard, Lice and Longevity
The Standard of Living in Occupied Denmark and the Netherlands, 1940-1945
Ralf Futselaar
Amsterdam University Press, 2008

Lard, Lice and Longevity reconstructs economic policies implemented in Denmark and the Netherlands during the German occupation. It clearly shows that the experiences of both these countries during World War I, and during the 1930s equipped them to introduce extensive and intrusive economic controls to ward off a subsistence crisis.

In spite of the strong similarities between the two countries in terms of policies and economic order, there remains a glaring difference between the two. Throughout the occupation years, the Netherlands suffered a markedly higher level of child mortality than before or after the war, caused by an upsurge of infectious diseases. Child health in Denmark, on the other hand, declined during the occupation years, and infectious diseases rose only marginally there. In spite of similar policies, hence, the outcome in terms of the biological standard of living was dissimilar.

By closely investigating the impact of various policies on everyday life, and the amounts of goods available to different groups of consumers, this study identifies the causes of this remarkable divergence.

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Living Standards in Latin American History
Height, Welfare, and Development, 1750–2000
Ricardo D. Salvatore
Harvard University Press, 2010

Latin America’s widespread poverty and multi-dimensioned inequalities have long perplexed and provoked observers. Until recently, economic historians could not contribute much to the discussion of living standards and inequality, because quantitative evidence for earlier eras was lacking. Since the 1990s, historians, economists, and other social scientists have sought to document and analyze the historical roots of Latin America’s relatively high inequality and persistent poverty.

This edited volume with eight compelling chapters by preeminent economists and social scientists brings together some of the most important results of this work: scholarly efforts to measure and explain changes in Latin American living standards as far back as the colonial era. The recent work has focused on physical welfare, often referred to as “biological” well-being. Much of it uses novel measures, such as data on the heights or stature of children and adults (a measure of net nutrition) and the Human Development Index (HDI). Other work brings to the discussion new and more reliable measurements that can be used for comparing countries, often with unexpected and startling results.

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Persistence, Privilege, and Parenting
The Comparative Study of Intergenerational Mobility
Timothy Smeeding
Russell Sage Foundation, 2012
Americans like to believe that theirs is the land of opportunity, but the hard facts are that children born into poor families in the United States tend to stay poor and children born into wealthy families generally stay rich. Other countries have shown more success at lessening the effects of inequality on mobility—possibly by making public investments in education, health, and family well-being that offset the private advantages of the wealthy. What can the United States learn from these other countries about how to provide children from disadvantaged backgrounds an equal chance in life? Making comparisons across ten countries, Persistence, Privilege, and Parenting brings together a team of eminent international scholars to examine why advantage and disadvantage persist across generations. The book sheds light on how the social and economic mobility of children differs within and across countries and the impact private family resources, public policies, and social institutions may have on mobility. In what ways do parents pass advantage or disadvantage on to their children? Persistence, Privilege, and Parenting is an expansive exploration of the relationship between parental socioeconomic status and background and the outcomes of their grown children. The authors also address the impact of education and parental financial assistance on mobility. Contributors Miles Corak, Lori Curtis, and Shelley Phipps look at how family economic background influences the outcomes of adult children in the United States and Canada. They find that, despite many cultural similarities between the two countries, Canada has three times the rate of intergenerational mobility as the United States—possibly because Canada makes more public investments in its labor market, health care, and family programs. Jo Blanden and her colleagues explore a number of factors affecting how advantage is transmitted between parents and children in the United States and the United Kingdom, including education, occupation, marriage, and health. They find that despite the two nations having similar rates of intergenerational mobility and social inequality, lack of educational opportunity plays a greater role in limiting U.S. mobility, while the United Kingdom’s deeply rooted social class structure makes it difficult for the disadvantaged to transcend their circumstances. Jane Waldfogel and Elizabeth Washbrook examine cognitive and behavioral school readiness across income groups and find that pre-school age children in both the United States and Britain show substantial income-related gaps in school readiness—driven in part by poorly developed parenting skills among overburdened, low-income families. The authors suggest that the most encouraging policies focus on both school and home interventions, including such measures as increases in federal funding for Head Start programs in the United States, raising pre-school staff qualifications in Britain, and parenting programs in both countries. A significant step forward in the study of intergenerational mobility, Persistence, Privilege, and Parenting demonstrates that the transmission of advantage or disadvantage from one generation to the next varies widely from country to country. This striking finding is a particular cause for concern in the United States, where the persistence of disadvantage remains stubbornly high. But, it provides a reason to hope that by better understanding mobility across the generations abroad, we can find ways to do better at home.
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The Price of Independence
The Economics of Early Adulthood
Sheldon Danziger
Russell Sage Foundation, 2007
More and more young men and women today are taking longer and having more difficulty making a successful transition to adulthood.  They are staying in school longer, having a harder time finding steady employment at jobs that provide health insurance, and are not marrying and having children until much later in life than their parents did. In The Price of Independence, a roster of distinguished experts diagnose the extent and causes of these trends. Observers of social trends have speculated on the economic changes that may be delaying the transition to adulthood—from worsening job opportunities to mounting student debt and higher housing costs—but few have offered empirical evidence to back up their claims. The Price of Independence represents the first significant analysis of these economic explanations, charting the evolving life circumstances of eighteen to thirty-five year-olds over the last few decades. Lisa Bell, Gary Burtless, Janet Gornick, and Timothy M. Smeeding show that the earnings of young workers in the United States and a number of industrialized countries have declined relative to the cost of supporting a family, which may explain their protracted dependence. In addition, Henry Farber finds that job stability for young male workers has dropped over the last generation. But while economic factors have some influence on young people's transitions to adulthood, The Price of Independence shows that changes in the economic climate can not account for the magnitude of the societal shift in the timing of independent living, marriage, and childbearing. Aaron Yelowitz debunks the myth that steep housing prices are forcing the young to live at home—housing costs actually fell between 1980 and 2000 once lower interest rates and tax subsidies are taken into account. And Ngina Chiteji reveals that average student loan debt is only $3,500 per household. The trend toward starting careers and families later appears to have more to do with changing social norms, as well as policies that have broadened access to higher education, than with changes in the economy. For better or worse, the current generation is redefining the nature and boundaries of  what it means to be a young adult. The Price of Independence documents just how dramatically the modern lifecycle has changed and offers evidence as an antidote to much of the conventional wisdom about these social changes.
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Vandals to Visigoths
Rural Settlement Patterns in Early Medieval Spain
Karen Eva Carr
University of Michigan Press, 2002
Though many argue that the fall of Rome around 400 C.E. had little effect on the rural poor of the western Mediterranean, Karen Eva Carr argues persuasively to the contrary. Vandals to Visigoths shows how the empire's collapse significantly transformed the lives of rural people. Even after the dust settled from the Germanic invasions, landscape archaeology shows the surviving rural population defending themselves in isolated hill-forts and cut off from the larger Mediterranean world.
Vandals to Visigoths uses archaeological survey data as a springboard to a theoretical discussion of rural survival strategies in the non-industrial world and the ways in which these strategies are affected by government actions. Carr draws on historical, archaeological, and ethnographic comparanda to conclude that the larger, more powerful Roman government was more advantageous for the rural poor than the weaker Vandal and Visigothic regimes. Though Carr agrees that the lives of the rural people and the free slaves were miserable, she shows through her data and theory that they became even more wretched after the decline of the empire.
Vandals to Visigoths will appeal to historians of Rome, as well as of Early Medieval Europe and Spain. Anthropologists, economists, and political scientists who study Late Antiquity and the medieval period will also be interested, as it discusses the broader implications of the role of government in the lives of early medieval Spain's subjects.
Karen Eva Carr is Associate Professor of History, Portland State University.
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Wages, Welfare Costs and Inflation in Classical Athens
William T. Loomis
University of Michigan Press, 1999
William T. Loomis examines all surviving Athenian wages, salaries, welfare payments and other labor costs to determine what people really were paid for various kinds of work and allowances. These determinations, in turn, enable the author to cast a new and authoritative light on three controversial questions: Was there a "standard wage" in Athens? Were there periods of inflation and deflation? Did Athenians have an "embedded" or a "market" economy?
Individual chapters critically examine each surviving wage or other payment in thirteen job categories, including public office holders; soldiers and sailors; priests, oracles, and seers; overseers, architects, and other salaried construction personnel; and prostitutes and pimps. Three additional chapters then consider whether there was a "standard wage," inflation and deflation in Athens, and the implications of these conclusions for the hotly debated question about the nature of the Athenian economy.
This is the first comprehensive study of Athenian labor and welfare costs since August Böckh's Die Staatshaushaltung der Athener (1886). An updated critical study has been much needed, to take account of the greatly expanded evidence (Aristotle's Constitution of the Athenians, more than a dozen other papyrus texts and hundreds of inscriptions), and the uneven quality of the sources. This collection allows William T. Loomis to argue--contrary to prevailing scholarly opinion--that there never was a "standard wage" at Athens.
"This volume will be a significant contribution to all studies of ancient Greek civilization." --Alan L. Boegehold, Brown University
William Loomis is Visiting Professor of Classics, University of Michigan.
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Women’s Work and Family Values, 1920–1940
Winifred D. Wandersee
Harvard University Press, 1981

Changing occupational patterns during the 1920s and 1930s opened up new opportunities to women in a variety of fields. In a fresh approach to the history of women, Winifred D. Wandersee explores how the family, work, and family values took on new shapes during this critical period. By the 1920s, the increase in consumerism, encouraged by high production and mass advertising, had redefined the idea of an acceptable standard of living. For some, it was not possible to achieve this standard on the income of one wage earner, and women's employment outside the home became increasingly necessary. For most women, Wandersee shows, this trend to outside work was a reflection not of feminist ideology but of women's commitment to family values.

Wandersee finds that economic demands exerted even less influence on women than did societal and domestic demands. The proportion of married women who were gainfully employed during the 1920s, for example, was never more than 25 percent of all wives. Those who adapted to a joint economic and domestic role usually did so because their need was great, or their employment opportunity was favorable, or their value system stressed the material comfort of the family at the expense of traditional concepts of women's roles. Wandersee relates the experiences of these last two groups of women to the long-range changes in values and life-styles that have culminated in the American family of today.

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Working-Class Life
The “American Standard” in Comparative Perspective, 1899-1913
Peter R. Shergold
University of Pittsburgh Press, 1982
This book challenges the commonly held theory that American workers had a far superior standard of living than their European counterparts in the early twentieth century. Peter R. Shergold bases his study on the cities of Pittsburgh, Pennsylvania and Birmingham, England, and compares statistical data on wage rates, labor hours, family income, retail prices, diet and budgets. He also presents information from medical investigators, travelers, charity workers, business organizations, diaries, speeches and a wide variety of other sources to breathe human life into his statistical data. Shergold reveals that skilled Americans did earn higher wages than the British, yet unskilled workers did not, while Americans worked longer hours, with a greater chance of injury, and had fewer social services.
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