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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Shocking Contrasts: Political Responses to Exogenous Supply Shocks

Shocking Contrasts: Political Responses to Exogenous Supply Shocks

Rogowski, Ronald L.

Hardcover

Series: Political Economy of Institutions and Decisions

General Political ScienceGeneral Sociology

ISBN10: 1316510700
ISBN13: 9781316510704
Publisher: Cambridge University Press
Published: Aug 17 2023
Pages: 225
Weight: 1.20
Height: 0.94 Width: 5.98 Depth: 9.06
Language: English
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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