We preview new archival evidence on the price of vacant land in New York City between 1835 and 1900. Before the Civil War, the price of land per square foot fell steeply with distance from New York's City Hall located in the central business district (CBD). After the Civil War, the distance...

In their new book, Creating Abundance: Biological Innovation and American Agricultural Development (Cambridge, 2008), Olmstead and Rhode offer a radically new interpretation of American agricultural development from the late 18th to early 20th century. While earlier scholars have ascribed a...

During the 1850s, land in U.S. farms increased by more than a third—100 million acres—and almost 50 million acres, an area almost equal to that of the states of Indiana and Ohio combined, were converted from their raw, natural state into productive farmland. The time and expense of...

During the 1850s, land in U.S. farms surged by more than 100 million acres while almost 50 million acres of land were transformed from their raw, natural state into productive farmland. The time and expense of transforming this land into a productive resource represented a significant fraction...