Habakkuk thesis

From Wikipedia, the free encyclopedia

Please help improve this article or section by expanding it. Further information might be found on the talk page or at requests for expansion. (June 2007)

This article does not cite any references or sources. (June 2007) Please help improve this article by adding citations to reliable sources. Unverifiable material may be challenged and removed.

The Habakkuk thesis (possibly named after John Habakkuk)^{[citation needed]} is the idea that high wages combined with scarce labour resources brought about technical improvements in the United States in the 1800s.