The Magnetic Telegraph, Price and Quantity Data, and the New Management of Capital

Journal of Economic History, Vol. 52, pp. 401-413, June 1992

13 Pages Posted: 20 Mar 2008

See all articles by Alexander J. Field

Alexander J. Field

Santa Clara University - Leavey School of Business - Economics Department

Abstract

The contribution to growth of telegraphic- as opposed to rail-speed transmission of financial asset and commodity price data remains unclear. With more certainty we can identify savings in the holdings of real capital-savings made possible by the use of the telegraph at the firm level to implement tight systems of logistical control.

Keywords: Communications, information systems, technological change, telegraphy

JEL Classification: D24, N71

Suggested Citation

Field, Alexander J., The Magnetic Telegraph, Price and Quantity Data, and the New Management of Capital. Journal of Economic History, Vol. 52, pp. 401-413, June 1992, Available at SSRN: https://ssrn.com/abstract=1109158

Alexander J. Field (Contact Author)

Santa Clara University - Leavey School of Business - Economics Department ( email )

500 El Camino Real
Santa Clara, CA California 95053
United States
408 554 4348 (Phone)
408 554 2331 (Fax)

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