Munro, John H. A. (contributor) - 2002 - [Electronic resource]
intensive forms of industry. Hamilton`s analyses of price and wage data for 16th- and 17th-century Spain, France, and England … led him to conclude that: Spain had enjoyed virtually no profit inflation, since wages had generally kept pace with prices … national economic experiences helps to explain, in Hamiltonś view, why Spain subsequently declined, while England became the …
