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The Great Wave: Price Revolutions and the Rhythm of History David Hackett Fischer Author
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David Hackett Fischer, one of our most prominent historians, has garnered a reputation for making history come alive—even stories as familiar as Paul Revere's ride, or as complicated… Plus…

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"The history of prices is the history of change", writes David Hackett Fischer in this broad sweep of western history from the middle ages to our own time. His primary sources are price r… Plus…

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Oxford University Press. Hardcover. POOR. Noticeably used book. Heavy wear to cover. Pages contain marginal notes, underlining, and or highlighting. Possible ex library copy, with all t… Plus…

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The Great Wave: Price Revolutions and the Rhythym of History

"The history of prices is the history of change", writes David Hackett Fischer in this broad sweep of western history from the middle ages to our own time. His primary sources are price records, which are more abundant for the study of historical change than any other type of quantifiable data. Fischer uses these materials to frame a narrative of price-movements in western history from the eleventh century to the present. He finds that prices tended to rise throughout this long period, but most of their increase happened in four great waves of inflation - which he calls the price-revolutions of the thirteenth, sixteenth, eighteenth, and twentieth centuries. The four waves shared many qualities in common. All had the same movements of prices and price-relatives, falling real wages, rising returns to capital, and growing gaps between rich and poor. They were also very similar in the structure of change. Each of them started silently, developed increasing instability, and ended in a shattering crisis that combined social disorder, political upheaval, economic collapse, and demographic contraction. These crises happened in the fourteenth, seventeenth, and late eighteenth centuries. They were followed by long periods of comparative equilibrium: the Renaissance, the Enlightenment, and the Victorian era. In all of these eras prices fell and stabilized, wages rose, and inequalities diminished. Then another great wave began and the pattern repeated itself, but not in precisely the same way. Fischer quotes Mark Twain: history doesn't repeat itself, but it rhymes. Through all of these movements, Fischer explores the linkages between economic trends, social tendencies, political events, andcultural processes. He finds that long periods of price-equilibrium were marked by a faith in order, harmony, progress, and reason. By contrast, price-revolutions created cultures of despair in their middle and later stages. Fischer examines the cause of these movements, and discu

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EAN (ISBN-13): 9780195053777
ISBN (ISBN-10): 019505377X
Version reliée
Livre de poche
Date de parution: 1996
Editeur: OXFORD UNIV PR
552 Pages
Poids: 1,002 kg
Langue: eng/Englisch

Livre dans la base de données depuis 2007-02-13T20:19:47+01:00 (Zurich)
Page de détail modifiée en dernier sur 2024-01-16T20:55:17+01:00 (Zurich)
ISBN/EAN: 019505377X

ISBN - Autres types d'écriture:
0-19-505377-X, 978-0-19-505377-7
Autres types d'écriture et termes associés:
Auteur du livre: fischer fis, david hackett fischer, fischer ritzy, uwe fischer, paul fischer, david hack, north david
Titre du livre: great wave price revolutions rhythym history, rythm, revolution, only revolutions, the new wave, against new wave, are not new wave, got the rhythm, the great wave price revolutions and the rhythm history, david fischer


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