- Title Pages
- Dedication
- Contributors
- Editors' Introduction
- Chapter 1 The Stanford Tradition in Economic History
- PART ONE Evolutionary Processes in Economics
- Chapter 2 Natural Resources and Economic Outcomes
- Chapter 3 The Institutionalization of Science in Europe, 1650–1850
- Chapter 4 The Fundamental Impact of the Slave Trade on African Economies
- Chapter 5 Similar Societies, Different Solutions: U.S. Indian Policy in Light of Australian Policy toward Aboriginal Peoples
- Part Two Spatial Processes and Comparative Development
- Chapter 6 Financial Market and Industry Structure: A Comparison of the Banking and Textile Industries in Boston and Philadelphia in the Early Nineteenth Century
- Chapter 7 Railroads and the Rise of the Factory: Evidence for the United States, 1850–1870
- Chapter 8 Productivity Growth and the Regional Dynamics of Antebellum Southern Development
- Chapter 9 Banking on the Periphery: The Cotton South, Systemic Seasonality, and the Limits of National Banking Reform
- Chapter 10 Rural Credit and Mobility in India
- Part Three Revolution in Labor Markets
- Chapter 11 Labor-Market Regimes in U.S. Economic History
- Chapter 12 The Political Economy of Progress: Lessons from the Causes and Consequences of the New Deal
- Chapter 13 Teachers and Tipping Points: Historical Origins of the Teacher Quality Crisis
- Chapter 14 Inequality and Institutions in Twentieth-Century America
- Chapter 15 The Unexpected Long-Run Impact of the Minimum Wage:
- Chapter 16 America's First Culinary Revolution, or How a Girl from Gopher Prairie Came to Dine on Eggs Fooyung
- Appendix Selected Publications of Gavin Wright
- Index
The Political Economy of Progress: Lessons from the Causes and Consequences of the New Deal
The Political Economy of Progress: Lessons from the Causes and Consequences of the New Deal
- Chapter:
- (p.311) Chapter 12 The Political Economy of Progress: Lessons from the Causes and Consequences of the New Deal
- Source:
- Economic Evolution and Revolution in Historical Time
- Author(s):
Robert K. Fleck
- Publisher:
- Stanford University Press
This chapter elaborates on the mutual interaction between labor markets and the broader economy, focusing on the causes and consequences of the New Deal and its place in the transformation of the Old South into the New South. It first reviews the economic explanation of New Deal policy decisions, and then examines institutions as exogenous determinants of New Deal policies and explains how and why southern institutions evolve.
Keywords: labor markets, New Deal, Old South, New South, southern institutions
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- Title Pages
- Dedication
- Contributors
- Editors' Introduction
- Chapter 1 The Stanford Tradition in Economic History
- PART ONE Evolutionary Processes in Economics
- Chapter 2 Natural Resources and Economic Outcomes
- Chapter 3 The Institutionalization of Science in Europe, 1650–1850
- Chapter 4 The Fundamental Impact of the Slave Trade on African Economies
- Chapter 5 Similar Societies, Different Solutions: U.S. Indian Policy in Light of Australian Policy toward Aboriginal Peoples
- Part Two Spatial Processes and Comparative Development
- Chapter 6 Financial Market and Industry Structure: A Comparison of the Banking and Textile Industries in Boston and Philadelphia in the Early Nineteenth Century
- Chapter 7 Railroads and the Rise of the Factory: Evidence for the United States, 1850–1870
- Chapter 8 Productivity Growth and the Regional Dynamics of Antebellum Southern Development
- Chapter 9 Banking on the Periphery: The Cotton South, Systemic Seasonality, and the Limits of National Banking Reform
- Chapter 10 Rural Credit and Mobility in India
- Part Three Revolution in Labor Markets
- Chapter 11 Labor-Market Regimes in U.S. Economic History
- Chapter 12 The Political Economy of Progress: Lessons from the Causes and Consequences of the New Deal
- Chapter 13 Teachers and Tipping Points: Historical Origins of the Teacher Quality Crisis
- Chapter 14 Inequality and Institutions in Twentieth-Century America
- Chapter 15 The Unexpected Long-Run Impact of the Minimum Wage:
- Chapter 16 America's First Culinary Revolution, or How a Girl from Gopher Prairie Came to Dine on Eggs Fooyung
- Appendix Selected Publications of Gavin Wright
- Index