How and Why Economies Develop and Grow: Lessons from Preindustrial Europe and China
Meir Kohn
Why are we rich and others poor? What is preventing the less-developed countries from catching up with more developed? How did become rich? Underlying these questions fundamental ones: nature of economic progress? its causes? I seek answers to empirically - historical evidence progress. This not, however, a work history. do not attempt establish facts or explain particular events. Rather, derive theory progress in general.The ‘sample’ which my history preindustrial Europe. To test ‘out sample’, apply it China order understand how why differed that Europe.The begins by broadening definition activity. Usually activity identified production creation goods services. But there two other forms ways making living. One commerce trading for profit services produce. The predation taking force produce trade. offers an explanation terms conflicting effects on predation.
Social Science Research Network