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American Rings and English Mules: The Role of Economic Rationality

Lars G. Sandberg

The Quarterly Journal of Economics, 1969, vol. 83, issue 1, 25-43

Abstract: Introduction, 25. — Observed investment behavior, 27. — The relative advantages of rings or mules in the United States and Great Britain, 29. — The role of cotton prices, 34. — Relative factor costs as a function of counts spun, 39. — Costs and benefits, 42.

Date: 1969
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The Quarterly Journal of Economics is currently edited by Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

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