Friday, November 16, 2007

Institutions matter. Really?

What are the causes of the Industrial Revolution? It is amazing that THE most important event in human history remains a mystery. Gregory Clark and James "Reversal of Fortune" Robinson take opposite sides on the issue. Greg has a point when he says that institutions are not everything, but I think he takes his point too far. Robinson is much more convincing.
(Daniel Brook criticizes the weakest point in Farewell to Alms: the biological factors behind the Industrial Revolution)

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