Factor Income Distribution in the United States During the 1920's: A Reexamination of Fact and Theory

1973 ◽  
Vol 33 (1) ◽  
pp. 252-273 ◽  
Author(s):  
Robert R. Keller
Keyword(s):  
Income Distribution ◽  
Technical Change ◽  
Economic History ◽  
Structural Changes ◽  
The United States ◽  
Monopoly Power ◽  
Consumption Expenditures ◽  
The Great Depression ◽  
Factor Income ◽  
History Of

The traditional economic history of the 1920's emphasizes the importance of changes in the structure of the American economy. It is argued that three structural changes—monopoly power, technical change, and income distribution—tainted the prosperity of the twenties. The main features of this explanation are easily summarized. Rapid advances in technology reduced the costs of producing output. At the same time corporate monopoly power was increasing thereby restricting the tendency for output prices to fall. In the presence of weak labor unions, the interaction of technical change and monopoly power had the result of increasing “profits” relative to “wages.” The shift in the distribution of income not only favored owners of capital but it also created an imbalance between investment and consumption. Consumption expenditures could not keep pace with investment expenditures and this tendency towards underconsumption, in turn, was one reason for the onset of the Great Depression.

General-Equilibrium Models in Economic History

1971 ◽  
Vol 31 (1) ◽  
pp. 58-75 ◽  
Author(s):  
Peter Temin
Keyword(s):  
Great Depression ◽  
Economic History ◽  
The United States ◽  
General Interest ◽  
Late Nineteenth Century ◽  
Extensive Literature ◽  
Secondary Material ◽  
The Great Depression ◽  
History Of ◽  
Central Characteristic

In this paper, I will discuss three classic problems in economic history. I label them “classic” because they are problems of general interest that share the central characteristic of classic problems: an extensive literature has not led to general agreement. They are taken from the literature on the history of the United States because of the wealth of data and secondary material on this country's history, but they all have their analogues or reflections in European history. They are the problems of labor scarcity in America, the depression of the 1930's (which Americans call the Great Depression), and the deflation of the late nineteenth century (which the British call the Great Depression).

The Estado da India and the Estado do Brasil. Opportunities for Research in Portuguese Overseas History

Itinerario ◽  
1994 ◽  
Vol 18 (2) ◽  
pp. 116-129
Author(s):  
A.J.R. Russell-Wood
Keyword(s):  
United States ◽  
Economic History ◽  
Political History ◽  
The United States ◽  
Historical Research ◽  
American Historical Association ◽  
History Of ◽  
English Speaking ◽  
English Speaking World ◽  
Interest In Research

In this year marking the sexcentenary of the birth of Prince Henry, known erroneously to the English speaking world as ‘the Navigator’, and the 450th anniversary of the Portuguese arrival in Japan, it is fitting to take stock of what has been achieved and what remains concerning research on Portuguese overseas history. In November 1969 a conference was held at the Newberry Library in Chicago to ‘stimulate in the United States scholarly interest in research on Brazil's colonial past’. In November 1978 an International Seminar on Indo-Portuguese History was held in Goa occasioned by ‘an awareness of a relative stagnation in the field of Indo-Portuguese historical studies, especially in India’. This was prompted by the feeling of a dearth of new interpretations, shortage of studies in English, and neglect of political history, biography and social and economic history. Whereas the tone of the Newberry Library meeting was upbeat as to what junior scholars were achieving, and Charles Boxer pointed with pride to scholarly accomplishments since 1950, by 1984 a lecture to mark the occasion of the centennial of the American Historical Association noted grounds for concern regarding studies in the United States on colonial Brazil and this situation has deteriorated further during the decades of the 80s and early 90s. By way of contrast, in 1981 Charles Boxer noted the vitality of the Estado da India in its broadest geographical meaning as a subject for historical research by Portuguese and how ‘after years — I might even say centuries – of neglect by foreigners, the history of the old Estado da India has lately come into its own in the wider world’. This was seconded by M.N. Pearson who noted that ‘Goan historiography seems to be on the verge of a renaissance’.

Versatile and cheap: a global history of soy in the first half of the twentieth century

2013 ◽  
Vol 8 (3) ◽  
pp. 461-482 ◽  
Author(s):  
Ines Prodöhl
Keyword(s):  
United States ◽  
Twentieth Century ◽  
The United States ◽  
Second World War ◽  
Cash Crop ◽  
The Great Depression ◽  
Production And Consumption ◽  
Transnational Actors ◽  
History Of ◽  
Second World

AbstractThis article traces the complex and shifting organization of soy's production and consumption from Northeast China to Europe and the United States. It focuses on a set of national and transnational actors with differing interests in the global and national spread of soybeans. The combination of these actors in certain spatiotemporal contexts enabled a fundamental change in soy from an Asian to an American cash crop. At the beginning of the twentieth century, soy rapidly became Northeast China's cash crop, owing to steadily increasing Western demand. However, the versatility of soy – and soy oil in particular – offered a highly successful response to the agricultural and industrial challenges that the United States faced during the Great Depression and the Second World War. By the end of the war, American farmers in the Midwest cultivated more soybeans than their Chinese counterparts.

The Economic History of the United States

1914 ◽  
Vol 46 (12) ◽  
pp. 931
Author(s):  
F. V. Emerson ◽  
Ernest L. Bogart
Keyword(s):  
United States ◽  
Economic History ◽  
The United States ◽  
History Of

Judges, Juries, and the History of Criminal Appeals

2011 ◽  
Vol 29 (1) ◽  
pp. 297-302
Author(s):  
Benjamin L. Berger
Keyword(s):  
United States ◽  
Criminal Justice ◽  
Criminal Law ◽  
Legal History ◽  
Structural Changes ◽  
Criminal Procedure ◽  
The United States ◽  
Early History ◽  
Criminal Justice Systems ◽  
History Of

The three articles offered in this forum on the early history of criminal appeals do us the great service of adding much of interest on this important but neglected issue in the development of Anglo–North American criminal procedure. The opaqueness of the legal history of criminal appeals stands in stark contrast to their centrality and apparent naturalness in contemporary criminal justice systems in England, Canada, and the United States. These three papers look at the period leading up to and immediately following the creation of the first formalized system of what we might call criminal appeals, the establishment of the Court of Crown Cases Reserved (CCCR) in 1848. This key period in the development of the adversary criminal trial was marked by both a concerted political effort to codify and rationalize the criminal law and by profound structural changes in the management of criminal justice.

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