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A culture of growth : the origins of the modern economy / Joel Mokyr
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A culture of growth : the origins of the modern economy / Joel Mokyr

by Joel Mokyr

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Accession 11798 ISBN 9780691168883 Publisher Princeton University Press
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A culture of growth : the origins of the modern economy / Joel Mokyr
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vernon_slug
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brief_description
During the late eighteenth century, innovations in Europe triggered the Industrial Revolution and the sustained economic progress that spread across the globe. While much has been made of the details of the Industrial Revolution, what remains a mystery is why it took place at all. Why did this revolution begin in the West and not elsewhere, and why did it continue, leading to today s unprecedented prosperity? In this groundbreaking book, celebrated economic historian Joel Mokyr argues that a culture of growth specific to early modern Europe and the European Enlightenment laid the foundations for the scientific advances and pioneering inventions that would instigate explosive technological and economic development. Bringing together economics, the history of science and technology, and models of cultural evolution, Mokyr demonstrates that culture--the beliefs, values, and preferences in society that are capable of changing behavior--was a deciding factor in societal transformations. Mokyr looks at the period 1500-1700 to show that a politically fragmented Europe fostered a competitive market for ideas and a willingness to investigate the secrets of nature. At the same time, a transnational community of brilliant thinkers known as the Republic of Letters freely circulated and distributed ideas and writings. This political fragmentation and the supportive intellectual environment explain how the Industrial Revolution happened in Europe but not China, despite similar levels of technology and intellectual activity. In Europe, heterodox and creative thinkers could find sanctuary in other countries and spread their thinking across borders. In contrast, China s version of the Enlightenment remained controlled by the ruling elite.

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Joel Mokyr
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History, Social sciences, Civilisation, Economics, Economic history, Economic development, Economic policy, Europe -- History
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20207

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