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Capital in the Nineteenth Century$
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Robert E. Gallman and Paul W. Rhode

Print publication date: 2020

Print ISBN-13: 9780226633114

Published to Chicago Scholarship Online: September 2020

DOI: 10.7208/chicago/9780226633251.001.0001

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PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 19 September 2021

Consumer Durables

Consumer Durables

(p.275) Chapter Thirteen Consumer Durables
Capital in the Nineteenth Century

Robert E. Gallman

Paul W. Rhode

University of Chicago Press

This chapter opened a window into Gallman’s stock data on consumer durables. It has offered his arguments regarding the quantitative and qualitative importance of these goods in the “long” nineteenth century, before the “Consumer Durables Revolution” of the early twentieth century. It uses the development and diffusion of cast iron stoves, one of Gallman’s favourite examples, to illustration the importance of this form of consumer-based form investment.

Keywords:   Capital Stock, Consumption, Consumer Durables, Cast Iron Stoves

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