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Full-Text Articles in Social and Behavioral Sciences
The Progress Of Computing, William D. Nordhaus
The Progress Of Computing, William D. Nordhaus
Cowles Foundation Discussion Papers
The present study analyzes computer performance over the last century and a half. Three results stand out. First, there has been a phenomenal increase in computer power over the twentieth century. Performance in constant dollars or in terms of labor units has improved since 1900 by a factor in the order of 1 trillion to 5 trillion, which represent compound growth rates of over 30 percent per year for a century. Second, there were relatively small improvements in efficiency (perhaps a factor of ten) in the century before World War II. Around World War II, however, there was a substantial …
The Great Divide: A Comparison Of Kentucky And Ohio Counties Along The Ohio River (1840-1860), Jennie Berry
The Great Divide: A Comparison Of Kentucky And Ohio Counties Along The Ohio River (1840-1860), Jennie Berry
University Avenue Undergraduate Journal of Economics
This paper operates under an opposite assumption and, instead, argues that the Kentucky-Ohio border is an ideal test case for the null hypothesis that the institution of slavery per se had no significant economic effects. Kentucky and Ohio counties tracing the Ohio River are composed of the same soil and face similar weather conditions (Blanford, 2001; Barnhisel, 2001; Foster, 2001). Both regions likewise claim the same geographical access to outside markets.