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Politics : Mainstream Politics and Economics
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To: grusum who wrote (38810)2/9/2013 4:46:36 PM
From: FJB  Read Replies (1) of 85487
 
Robert Fogel
Main article: Robert Fogel

Robert Fogel (b.1926), a co-winner of the Nobel Prize in 1993, is well known for his historical analysis and his introduction of New economic history, [10] and invention of cliometrics, a notation system for quantitative data[ citation needed]. In his tract, Railroads and American Economic Growth: Essays in Econometric History (1964) Fogel set out to rebut comprehensively the idea that railroads contributed to economic growth in the 19th century. And in Time on the Cross: The Economics of American Negro Slavery (1974) he argued that slaves in the Southern states of America had a higher standard of living than the industrial proletariat of the Northern states before the American civil war. Fogel believes that slavery was morally wrong[ citation needed], but argues that it was not necessarily less efficient than wage-labour.
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