Joel Mokyr

The British industrial revolution: An economic perspective

* Editors Introduction: The New Economic History and the Industrial Revolution Joel Mokyr. * The Fable of the Dead Horse or, The Industrial Revolution Revisited David S. Landes. * Reassessing the Industrial Revolution: A Macro View C. Knick Harley. * Too Much Revolution: Agriculture in the Industrial Revolution, 17001860 Gregory Clark. * The Role of Education and Skill in the British Industrial Revolution David Mitch.

LONG-TERM ECONOMIC GROWTH AND THE HISTORY OF TECHNOLOGY

Modern economic growth started in the West in the early nineteenth century. This survey discusses the precise connection between the Industrial Revolution and the beginnings of growth, and connects it to the intellectual and economic factors underlying the growth of useful knowledge. The connections between science, technology and human capital are re-examined, and the role of the eighteenth century Enlightenment in bringing about modern growth is highlighted. Specifically, the paper argues that the Enlightenment changed the agenda of scientific research and deepened the connections between theory and practice.

The Intellectual Origins of Modern Economic Growth

The intellectual origins of the Industrial Revolution are traced back to the Baconian program of the seventeenth century, which aimed at expanding the set of useful knowledge and applying natural philosophy to solve technological problems and bring about economic growth. The eighteenth-century Enlightenment in the West carried out this program through a series of institutional developments that both increased the amount of knowledge and its accessibility to those who could make best use of it. Without the Enlightenment, therefore, an Industrial Revolution could not have transformed itself into the sustained economic growth starting in the early nineteenth century.

Technological Inertia in Economic History

Technological progress depends for its success on a conducive social environment. The resistance to innovation is identified as a central element governing the success of new inventions. Such resistance usually takes the form of non-market processes. It consists of vested interests, whose assets are jeopardized by new techniques, as well as by intellectuals who are opposed to new technology on principle. The role of resistance in the British and French economies during the Industrial Revolution is assessed.

The Invention of Enterprise: Entrepreneurship from Ancient Mesopotamia to Modern Times

Whether hailed as heroes or cast as threats to social order, entrepreneurs--and their innovations--have had an enormous influence on the growth and prosperity of nations. The Invention of Enterprise gathers together, for the first time, leading economic historians to explore the entrepreneurs role in society from antiquity to the present. Addressing social and institutional influences from a historical context, each chapter examines entrepreneurship during a particular period and in an important geographic location. The book chronicles the sweeping history of enterprise in Mesopotamia and Neo-Babylon; carries the reader through the Islamic Middle East; offers insights into the entrepreneurial history of China, Japan, and Colonial India; and describes the crucial role of the entrepreneur in innovative activity in Europe and the United States, from the medieval period to today. In considering the critical contributions of entrepreneurship, the authors discuss why entrepreneurial activities are not always productive and may even sabotage prosperity. They examine the institutions and restrictions that have enabled or impeded innovation, and the incentives for the adoption and dissemination of inventions. They also describe the wide variations in global entrepreneurial activity during different historical periods and the similarities in development, as well as entrepreneurships role in economic growth. The book is filled with past examples and events that provide lessons for promoting and successfully pursuing contemporary entrepreneurship as a means of contributing to the welfare of society. The Invention of Enterprise lays out a definitive picture for all who seek an understanding of innovations central place in our world.

Demand vs. Supply in the Industrial Revolution

It has been widely believed that demand elements, jointly with supply shifts, were crucial in determining the timing, location, and general characteristics of the Industrial Revolution in England and Continental Western Europe. The possible forms which the role of demand might have taken are specified and examined both theoretically and empirically. While demand factors cannot be ruled out altogether, they were definitely of a secondary order of importance. Neither exogenous increases in the demand for manufactures, nor induced technological change are likely to have been a factor of decisive importance. A macroeconomic interpretation of the “demand hypothesis†is examined and rejected.

Is There Still Life in the Pessimist Case? Consumption during the Industrial Revolution, 1790—1850

Recent research on the standard-of-living controversy has argued that a marked improvement in the economic well-being of British workers began shortly after 1815 and continued unabated until 1850. I test that new optimism by generating a synthetic annual “standard-of-living variable†for the period 1790 to 1850. The variable is based on estimating a relation between living standards and the consumption of some key commodities for 1855 to 1900 and then using that relation to “retrocast†living standards for 1790 to 1850. The results strongly suggest that the hypothesis of no or little improvement cannot be rejected.

What do people die of during famines : the Great Irish Famine in comparative perspective

The Irish Famine killed over a million people who would not have died otherwise. The nosologies published by the 1851 Irish census provide a rich source for the causes of death during these catastrophic years. This source is extremely rich and detailed, but also inaccurate and deficient to the point where many scholars have given up using it. In this article we try to make adjustments to the death-by-cause tabulations and provide more accurate ones. These tables are then used to analyse the reasons why so many people died and why modern famines tend to be less costly in terms of human life.

Understanding Growth in Europe, 1700-1870: Theory and Evidence

Unlike most existing textbooks on the economic history of modern Europe, which offer a country-by-country approach, The Cambridge Economic History of Modern Europe rethinks Europes economic history since 1700 as unified and pan-European, with the material organised by topic rather than by country. This first volume is centred on the transition to modern economic growth, which first occurred in Britain before spreading to other parts of western Europe by 1870. Each chapter is written by an international team of authors who cover the three major regions of northern Europe, southern Europe, and central and eastern Europe. The volume covers the major themes of modern economic history, including trade; urbanization; aggregate economic growth; the major sectors of agriculture, industry and services; and the development of living standards, including the distribution of income. The quantitative approach makes use of modern economic analysis in a way that is easy for students to understand. The journal publishes the chapter 1 «Understanding Growth in Europe, 1700–1870: Theory and Evidence» by Joel Mokyr and Hans-Joachim Voth of The Gifts of Athena, in which authors summarize recent research by growth economists and contrasts their interpretations with the existing historical evidence and recent findings of economic historians.

The rise and fall of the factory system: technology, firms, and households since the industrial revolution

Abstract The factory system, which arose with the British Industrial Revolution, was responsible for bringing about the separation of the location of consumption (the household) and that of production (the plant or office). This separation has had large effects on economic welfare. The reasons behind the emergence of the factory system are analyzed here, and a new interpretation is proposed, based on the need to divide up the growing knowledge base of production in an age of technological advances. The possibilities and implications of telecommuting as a reversal of this trend are examined.