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American Economic Growth and Standards of Living Before the Civil War

American Economic Growth and Standards of Living Before the Civil War

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Key Metrics

  • Robert E Gallman
  • University of Chicago Press
  • Hardcover
  • 9780226279459
  • 9.22 X 6.3 X 1.12 inches
  • 1.63 pounds
  • Business & Economics > Economics - Macroeconomics
  • English
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Book Description

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.

American Economic Growth and Standards of Living Before the Civil War

Author Bio

 Economic historian Robert E. Gallman (1926-1998) joined the faculty of the University of North Carolina at Chapel Hill in 1962. 

He was named a Kenan Professor in 1980 and served as chair of the Economics Department, 1990-1995. 

He specialized in 19th-century economic growth and antebellum Southern economic history. Papers documenting the career of Robert E. Gallman include correspondence, research materials, notes, manuscripts, teaching materials, and other items.

 

Source: University of North Carolina at Chapel Hill and JSTOR

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