From Market-Places to a Market Economy

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  • From Market-Places to a Market Economy Book Detail

  • Author : Winifred Barr Rothenberg
  • Release Date : 1992-11-15
  • Publisher : University of Chicago Press
  • Genre : Business & Economics
  • Pages : 308
  • ISBN 13 : 9780226729534
  • File Size : 23,23 MB

From Market-Places to a Market Economy by Winifred Barr Rothenberg PDF Summary

Book Description: 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.

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