Discuss the limitations in the use of index data in producing Williamson and Lindert?s results. Comment in reflection on Crafts and Flinn?s criticism.
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Discuss the limitations in the use of index data in producing Williamson and Lindert's results. Comment in reflection on Crafts and Flinn's criticism. There is an on going popularity of using a statistical approach to understanding and interpreting the past. All approaches to historical study have their limitations, the same applies to quantitive history. A large amount of historical questions concern growth or decline and fluctuations over a period of time - in our case, living standards during the Industrial Revolution. Economic historians collect chronological data or time-series in order to make interpretations, create turning points and identify key areas of change in a particular period. The numerical data in this case is converted into an index. An index number is the value of a variable shown as a percentage. This percentage is calculated as a proportion of the value which the variable holds in a base year. In simple terms,...

