From Market-Places to a Market Economy
Author | : Winifred Barr Rothenberg |
Publisher | : University of Chicago Press |
Total Pages | : 308 |
Release | : 1992-11-15 |
ISBN-10 | : 0226729532 |
ISBN-13 | : 9780226729534 |
Rating | : 4/5 (534 Downloads) |
Download or read book From Market-Places to a Market Economy written by Winifred Barr Rothenberg and published by University of Chicago Press. This book was released on 1992-11-15 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Through innovative use of little used archival material, Rothenberg finds that the relevant economic magnitudes - farm commodity prices, wages for day and monthly farm labor, and the determinants of rural wealth holding - behaved as if they had been formed in a market. This ground breaking discovery reveals how an agricultural economy that lacked both an important export staple and technological change could experience market-led growth. To understand this impressive economic development, Rothenberg discusses a number of provocative questions.