by Jim Tomlinson, Professor of Economic and Social History, University of Glasgow
From VOX – 05 July 2015
In Britain today, a majority of those in poverty live in working, rather than non-working, households. This challenges the long-held notion that paid work offers a route out of poverty. This column argues that structural changes in the labour market have brought about profound changes in the social security system. A failure to acknowledge these underlying changes means that dialogues about the political direction of the British economy can be problematic and potentially misleading.
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by Daniel Gallardo Albarrán, appeared on 22nd May 2016
Industrialisation has been the key to modern economic growth and rapidly rising incomes, but some question whether it is always a blessing when taking a broader view of human wellbeing. While the recent rise of China and other Asian economies has transformed the lives of millions, the experience of Britain in the 19th century shows a more mixed picture of development. This column presents a unified framework for measuring British wellbeing over the period 1780-1850, which shows that better health and higher income levels alternated in improving overall wellbeing, until declining health in the 1840s led to stagnating wellbeing.
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Modern discussions about a country’s ‘decline in manufacturing’ are seldom meaningful. Such talk of industrialisation and deindustrialisation across the entire sector tends to ignore important variation across individual industries. This column draws lessons from the revealed comparative advantage of late-Victorian Britain – the ‘workshop of the world’. Advantage lay mainly in industries that were relatively…
via The late Victorian ‘workshop of the world’ — VoxEU.org: Recent Articles