A Farewell to Alms : : A Brief Economic History of the World / / Gregory Clark.

Why are some parts of the world so rich and others so poor? Why did the Industrial Revolution--and the unprecedented economic growth that came with it--occur in eighteenth-century England, and not at some other time, or in some other place? Why didn't industrialization make the whole world rich...

Full description

Saved in:
Bibliographic Details
Superior document:Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Backlist 2000-2013
VerfasserIn:
Place / Publishing House:Princeton, NJ : : Princeton University Press, , [2008]
©2007
Year of Publication:2008
Language:English
Series:The Princeton Economic History of the Western World ; 25
Online Access:
Physical Description:1 online resource (432 p.) :; 25 halftones. 78 line illus. 65 tables.
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Other title:Frontmatter --
Contents --
Preface --
Acknowledgments --
1. Introduction: The Sixteen-Page Economic History of the World --
PART I The Malthusian Trap: Economic Life to 1800 --
2. The Logic of the Malthusian Economy --
3. Living Standards --
4. Fertility --
5. Life Expectancy --
6. Malthus and Darwin: Survival of the Richest --
7. Technological Advance --
8. Institutions and Growth --
9. The Emergence of Modern Man --
PART II The Industrial Revolution --
10. Modern Growth: The Wealth of Nations --
11. The Puzzle of the Industrial Revolution --
12. The Industrial Revolution in England --
13. Why England? Why Not China, India, or Japan? --
14. Social Consequences --
PART III The Great Divergence --
15. World Growth since 1800 --
16. The Proximate Sources of Divergence --
17. Why Isn't the Whole World Developed? --
18. Conclusion: Strange New World --
Technical Appendix --
References --
Index --
Figure Credits
Summary:Why are some parts of the world so rich and others so poor? Why did the Industrial Revolution--and the unprecedented economic growth that came with it--occur in eighteenth-century England, and not at some other time, or in some other place? Why didn't industrialization make the whole world rich--and why did it make large parts of the world even poorer? In A Farewell to Alms, Gregory Clark tackles these profound questions and suggests a new and provocative way in which culture--not exploitation, geography, or resources--explains the wealth, and the poverty, of nations. Countering the prevailing theory that the Industrial Revolution was sparked by the sudden development of stable political, legal, and economic institutions in seventeenth-century Europe, Clark shows that such institutions existed long before industrialization. He argues instead that these institutions gradually led to deep cultural changes by encouraging people to abandon hunter-gatherer instincts-violence, impatience, and economy of effort-and adopt economic habits-hard work, rationality, and education. The problem, Clark says, is that only societies that have long histories of settlement and security seem to develop the cultural characteristics and effective workforces that enable economic growth. For the many societies that have not enjoyed long periods of stability, industrialization has not been a blessing. Clark also dissects the notion, championed by Jared Diamond in Guns, Germs, and Steel, that natural endowments such as geography account for differences in the wealth of nations. A brilliant and sobering challenge to the idea that poor societies can be economically developed through outside intervention, A Farewell to Alms may change the way global economic history is understood.
Format:Mode of access: Internet via World Wide Web.
ISBN:9781400827817
9783110442502
DOI:10.1515/9781400827817
Access:restricted access
Hierarchical level:Monograph
Statement of Responsibility: Gregory Clark.