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Tag Archives: Sven Beckert
Cotton, Capitalism and Poverty Reduction
“Dyed in Blood: A Harvard historian shows how every stage of the industrialization of cotton rested on violence.” So reads the headline in last Sunday’s New York Times Book Review, regarding Sven Beckert’s volume, Empire of Cotton. The book is … Continue reading
The Digital Revolution vs. the Industrial Revolutions
Lately economists have been comparing today’s digital revolution to the first industrial revolution (1790-1860) and the second (1870-1930). This granular, micro-economic analysis is a welcome respite from the absurdly abstract macro parlor games played by Keynesians and their adversaries. Three … Continue reading