Did British Capitalism Breed Inequality?

Williamson, Jeffrey G. Professor of Economics, Harvard University

• 1. The issues Part I 2. Real wages and standard of living 3. Earnings inequality, skill scarcity and the structure of pay 4. Income inequality Part II 5. What drives inequality? 6. Disequilibrating factor demand: The industrialization bias 7. Equilibrating supply: men, machines and skills Part III 8. Modeling inequality in a resource-scarce open economy 9. Fact or fiction? 10. Accounting for the Kuznets Curve, 1821-1911 11. Why was British growth so slow before the 1820s? 12. Inequality, industrialization and the standard of living during wartime: conjectures 13. Data, theory and debate Appendices