Science, Institutions & the Industrial Revolution
نویسنده
چکیده
منابع مشابه
Institutions, Property Rights, and Economic Development in Historical Perspective
Institutions, and more speci cally private property rights, have come to be seen as a major determinant of long-run economic development. We evaluate the case for property rights as an explanatory factor of the Industrial Revolution and derive some lessons for the analysis of developing countries today. We pay particular attention to the role of property rights in the accumulation of physical c...
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There is a growing consensus that in all cases of successful and unsuccessful economic growth, institutions mattered (Elhanan Helpman 2008; Daron Acemoglu, Simon Johnson, and James Robinson 2005). Somewhat oddly, little detailed research has been done to date to relate the Industrial Revolution, the taproot of modern economic growth, to its institutional origins (but see Mokyr 2008). The focus ...
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