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Shocking Contrasts Political Responses To Exogenous Supply Shocks Ronald L Rogowski

  • SKU: BELL-50584538
Shocking Contrasts Political Responses To Exogenous Supply Shocks Ronald L Rogowski
$ 31.00 $ 45.00 (-31%)

5.0

80 reviews

Shocking Contrasts Political Responses To Exogenous Supply Shocks Ronald L Rogowski instant download after payment.

Publisher: Cambridge University Press
File Extension: PDF
File size: 3.63 MB
Pages: 271
Author: Ronald L. Rogowski
ISBN: 9781316510704, 1316510700
Language: English
Year: 2023

Product desciption

Shocking Contrasts Political Responses To Exogenous Supply Shocks Ronald L Rogowski by Ronald L. Rogowski 9781316510704, 1316510700 instant download after payment.

In the fourteenth century, the Black Death killed as much as two thirds of Europe's population; in the fifteenth, the introduction of moveable-type printing rapidly expanded Europe's supply of human capital; between 1850 and 1914, Russia's population almost tripled; and in World War I, the British blockade starved some 800,000 Germans. Each of these, Shocking Contrasts argues, amounted to an unanticipated shock, positive or negative, to the supply of a crucial factor of production; and elicited one of four main responses: factor substitution; factor movement to a different sector or region; technological innovation; or political action, sometimes extending to coercion at home or conquest abroad. This book examines parsimonious models of factor returns, relative costs, and technological innovation. It offers a framework for understanding the role of supply shocks in major political conflicts and argues that its implications extend far beyond these specific cases to any period of human history.

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