Technological Progress and the Production Function in the United States Steam Power Industry

1962 ◽  
Vol 44 (2) ◽  
pp. 156 ◽  
Author(s):  
Ryutaro Komiya
Keyword(s):  
United States ◽  
Production Function ◽  
Technological Progress ◽  
The United States ◽  
Power Industry ◽  
Steam Power

The Production Function for Manufacturing in the United States, 1904

1943 ◽  
Vol 51 (1) ◽  
pp. 61-65 ◽  
Author(s):  
Patricia Daly ◽  
Ernest Olson ◽  
Paul H. Douglas
Keyword(s):  
United States ◽  
Production Function ◽  
The United States

A History of Industrial Power in the United States, 1780-1930. Vol. 2: Steam Power

1988 ◽  
Vol 29 (3) ◽  
pp. 691
Author(s):  
William D. Sawyer ◽  
Louis C. Hunter
Keyword(s):  
United States ◽  
The United States ◽  
Steam Power ◽  
History Of

Fin de Siècle, Gilded Age, or Belle Époque

2021 ◽  
Author(s):  
Shearer West
Keyword(s):  
United States ◽  
Technological Progress ◽  
Gilded Age ◽  
The United States ◽  
Fin De Siecle ◽  
Belle Epoque ◽  
Modern Life ◽  
Sexual Perversion ◽  
Fin De Siècle ◽  
Belle Époque

This chapter considers the origin and significance of three terms widely used to characterize a decadent periodization in Britain, the United States, and France: fin de siècle, Gilded Age, and Belle Époque. While these terms were used loosely, and in some cases retrospectively, to describe the last thirty years of the nineteenth century, they also highlight dominant social narratives of the period. These decades witnessed unprecedented economic growth, rapid technological progress, and relative peace following such crises as the Franco-Prussian War in Europe and the Civil War in the United States. However, the cultural products of decadence were more likely to emphasize millennial doom, nervous exhaustion, sexual perversion, and scientific failure, while the decadent style was seen as a novel way of expressing how it felt to live in an era in which the pace of modern life brought with it febrile cultural, social, and political change.

Ideas and Aspirations

2021 ◽  
pp. 221-239
Author(s):  
Oscar Calvo-Gonzalez
Keyword(s):  
United States ◽  
Technological Progress ◽  
Wide Spectrum ◽  
The United States ◽  
Policy Innovation ◽  
The State ◽  
Policy Entrepreneurs ◽  
New Ideas ◽  
Practical Agenda

This chapter explores how, behind the change in economic policymaking, lies a change in the ideas of the elite. And behind the change in ideas was a relentless scanning of experience outside Spain, especially in Europe. The chapter documents how the technocrats that held increasing power in 1960s Spain consistently sought out new ideas about policymaking from Europe and the United States. They were deliberate policy entrepreneurs. Like their Western European peers, the technocrats considered a responsibility of the state to seek to advance progress for a wide spectrum of society. To pursue this objective, they considered it critical to increase efficiency and put great faith in technological progress. The chapter concludes that what truly stands out of the technocrats is that they were able to implement their practical agenda over a sustained period. There had been previous technocratic efforts to emulate European practices, sometimes from reformers that reached even higher levels of government. A long-term horizon allowed policies to evolve without unnecessary volatility, striking a balance between policy innovation and policy continuity.

Economic Theories of (De-) Regulation: Lessons for the Power Industry

1989 ◽  
Vol 7 (4) ◽  
pp. 238-250
Author(s):  
Franz Wirl
Keyword(s):  
United States ◽  
The United States ◽  
Power Industry ◽  
Public Utility ◽  
Public Ownership ◽  
Efficient Organization ◽  
Public Firms ◽  
Economic Theories ◽  
Public Regulation

The power industry is traditionally organized as a public utility. While the United States relies on investor owned utilities combined with public regulation. Europe and many other countries use public ownership as a means to control and regulate this important industry. This paper reviews economic theories which justify and/or explain public ownership, or more generally the regulation of (private or public) firms. The aim is to use recent (economic) approaches and criteria of deregulation in order to arrive at a proposal of a — presumably more efficient — organization of the power industry.

A NOTE ON THE IMPLICATIONS OF AUTOMATION FOR ECONOMIC GROWTH AND THE LABOR SHARE

2017 ◽  
Vol 23 (3) ◽  
pp. 1294-1301 ◽  
Author(s):  
Klaus Prettner
Keyword(s):  
United States ◽  
Economic Growth ◽  
Growth Rate ◽  
Population Growth ◽  
Capital Accumulation ◽  
Technological Progress ◽  
The United States ◽  
Economic Growth Rate ◽  
Labor Share ◽  
Long Run

We introduce automation into a standard model of capital accumulation and show that (i) there is the possibility of perpetual growth, even in the absence of technological progress; (ii) the long-run economic growth rate declines with population growth, which is consistent with the available empirical evidence; (iii) there is a unique share of savings diverted to automation that maximizes long-run growth; and (iv) automation explains around 14% of the observed decline of the labor share over the last decades in the United States.

The Bell Telephone Laboratories—an example of an institute of creative technology

1950 ◽  
Vol 137 (889) ◽  
pp. 419-433 ◽  
Keyword(s):  
United States ◽  
Driving Force ◽  
Technological Progress ◽  
Science And Technology ◽  
The United States ◽  
Western Society ◽  
Agricultural Society

The part that science and technology have played in influencing the economic, social and political patterns of western society and in enriching the lives of its people has steadily increased during the last century. The scope and character of this influence have varied widely from country to country. Traditions, mores, maturity, size, patterns of education, and many other factors have been elements in bringing about the variations. The influence has probably been most profound in the United States, principally, I believe, because of its youth, size, and patterns of education. Beginning some four or five decades ago, my country has been transformed at an increasingly rapid tempo from primarily an agricultural society to predominantly an industrial one under the driving force of an expanding body of science and technology. So completely have they dominated the pattern of our growth that when the man in the street speaks of ‘progress’, he usually means scientific and technological progress.

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