Construct · 1 fields · 1 citations

Habakkuk thesis: a standalone construct

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Economic history

the claim that scarce labor in nineteenth-century America pushed firms toward labor-saving machinery, tested and questioned with factor price reasoning.

In economic history, Habakkuk thesis refers to the claim that scarce labor in nineteenth-century America pushed firms toward labor-saving machinery, tested and questioned with factor price reasoning. This meaning comes from Temin (1966) in The Journal of Economic History.[1]

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Nearby constructs

factor3 fields · 4 citationsjingle · one word, three constructs labor4 fields · 4 citationsjingle · one word, four constructs reasoning6 fields · 17 citationsjingle · one name, six constructs

References

Temin, P. (1966). Labor Scarcity and the Problem of American Industrial Efficiency in the 1850's. The Journal of Economic History, 26(3), 277-298. https://doi.org/10.1017/s0022050700068388

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