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Clark, Gregory – Journal of Political Economy, 2005
I use building workers' wages for 1209-2004 and the skill premium to consider the causes and consequences of the Industrial Revolution. Real wages were trendless before 1800, as would be predicted for the Malthusian era. Comparing wages with population, however, suggests that the break from the technological stagnation of the Malthusian era came…
Descriptors: Foreign Countries, Working Class, Industrialization, Economic Development