• Corpus ID: 16047909

The Second Industrial Revolution , 1870-1914

  title={The Second Industrial Revolution , 1870-1914},
  author={Joel Mokyr and Robert H. Strotz},
Note: Parts of this chapter are based on my book The Lever of Riches (1990) as well as on a number of subsequent essays. 
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Ocean Freight Rates and Productivity, 1740–1913: The Primacy of Mechanical Invention Reaffirmed
  • C. Harley
  • History
    The Journal of Economic History
  • 1988
This article demonstrates that new industrial technology caused a revolutionary decline in nineteenth-century freight rates. This overturns Douglass North's well-known conclusion that organizational
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