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Growth Deterrents of a Medieval Heritage: The Aachen-area Woolen Trades before 1790*
Published online by Cambridge University Press: 03 February 2011
Extract
The material progress of an area, large or small, depends upon its adaptability in facing up to the continuous pressures exerted the world economy. What determines such flexibility remains as yet, despite recent research on this matter, an open question. This investigation of the Aachen-area woolen trades provides no new answer. All it pretends to do is to stress those strategic aspects of the institutional setting which, by their influence upon demand and supply conditions, point to some of the issues that might have relevance for an understanding of this important problem.
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- Copyright © The Economic History Association 1964
References
* This article is part of a larger study on the industrial revolution in the Rhineland textile industry. The author is indebted to David Landes for helpful criticisms of an earlier and longer draft of this paper. He is also grateful to the Rockefeller Foundation for a grant that permitted him to spend the academic year 1961–1962 in Germany gathering some of the material for this study.
Due to limitations of space, all footnotes had to be omitted. These may be obtained on request from the writer.
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