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American Rings and English Mules: The Role of Economic Rationality

Lars G. Sandberg

The Quarterly Journal of Economics · 1969 · Volume 83 · Issue 1

DOI: 10.2307/1883991

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.

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