dunnettreader + medieval + industrial_revolution   2

Branko Milanovic: Can Black Death explain the Industrial Revolution? | globalinequality - Jan 11 2015
re presentation by a young scholar at Santa Fe suggesting that Why England (and Dutch) due to higher wages in Northern Europe post Black Death in contrast with South where non market repression or property arrangements were able to push adjustment costs inti agricultural workers without impact on wage rates. Milanovic compares with other theoretical approaches ie Pomerantz, Acemoglu & Robinson, Robert Allen etc. Link to 2007 paper by Pamuk Milanovic thinks may be 1st work to seriously look at differential impact of Black Death on northern & southern Europe as distinct from the common story if Western vs Central and Eastern Europe.
economic_history  Great_Divergence  Industrial_Revolution  Black_Death  North-Weingast  landowners  demography  economic_sociology  labor  agriculture  wages  productivity  colonialism  medieval  14thC  15thC  16thC  17thC  18thC  institutional_economics  capital  capitalism  China  Japan  ancient_Rome  slavery  bibliography 
january 2015 by dunnettreader
Forum - “Deirdre McCloskey and Economists’ Ideas about Ideas” (July, 2014) - Online Library of Liberty
Deirdre McClosky is over the halfway point of her 4 volume work on The Bourgeois Era. Two volumes have already appeared, Bourgeois Virtues (2006) and Bourgeois Dignity (2010), and a third is close to appearing [2015]. This Liberty Matters online discussion will assess her progress to date with a Lead Essay by Don Boudreaux and comments by Joel Mokyr and John Nye, and replies to her critics by Deirdre McCloskey. The key issue is to try to explain why “the Great Enrichment” of the past 150 years occurred in northern and western Europe rather than elsewhere, and why sometime in the middle of the 18th century. Other theories have attributed it to the presence of natural resources, the existence of private property and the rule of law, and the right legal and political institutions. McCloskey’s thesis is that a fundamental change in ideas took place which raised the “dignity” of economic activity in the eyes of people to the point where they felt no inhibition in pursuing these activities which improved the situation of both themselves and the customers who bought their products and services.
intellectual_history  cultural_history  economic_history  economic_growth  Medieval  16thC  17thC  18thC  19thC  Great_Divergence  British_history  Scientific_Revolution  Enlightenment  Scottish_Enlightenment  Industrial_Revolution  bourgeoisie  political_economy  France  Germany  Prussia  China  development  institutional_economics  North-Weingast  legal_history  property  property_rights  commerce  trade  trading_companies  free_trade  improvement  technology  Innovation  agriculture  energy  natural_capital  nature-mastery  transport  capitalism  colonialism  industry  industrialization  social_order  Great_Chain_of_Being  consumers  political_philosophy  moral_philosophy  equality  republicanism  republics-Ancient_v_Modern  liberalism  incentives  microeconomics  historical_sociology  historical_change  social_theory  EF-add 
july 2014 by dunnettreader

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