9780300124552

The Enlightened Economy; An Economic History of Britain 1700-1850

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  • ISBN13:

    9780300124552

  • ISBN10:

    0300124554

  • Format: Trade Book
  • Copyright: 2/16/2010
  • Publisher: Yale University Press
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Summary

This book focuses on the importance of ideological and institutional factors in the rapid development of the British economy during the years between the Glorious Revolution and the Crystal Palace Exhibition. Joel Mokyr shows that we cannot understand the Industrial Revolution without recognizing the importance of the intellectual sea changes of Britain’s Age of Enlightenment.

In a vigorous discussion, Mokyr goes beyond the standard explanations that credit geographical factors, the role of markets, politics, and society to show that the beginnings of modern economic growth in Britain depended a great deal on what key players knew and believed, and how those beliefs affected their economic behavior. He argues that Britain led the rest of Europe into the Industrial Revolution because it was there that the optimal intersection of ideas, culture, institutions, and technology existed to make rapid economic growth achievable. His wide-ranging evidence covers sectors of the British economy often neglected, such as the service industries.

Mokyr’s book is a splendid achievement.”-Edward Glaeser, The New Republic

“It is impossible to do justice to the subtlety and detail of "The Enlightened Economy"; it is the product of a lifetime of research and thought, and stands as a landmark work of history...its perceptive examination of the birth of economic prosperity holds many arresting insights for our fraught economic times” -Trevor Butterworth, Wall Street Journal

Author Biography

Joel Mokyr is Robert H. Strotz Professor of Arts and Sciences and professor of Economics and History, Northwestern University, and Sackler Professor at the Eitan Berglas School of Economics, Tel Aviv University.

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Customer Reviews

Amazing book May 7, 2011
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This textbook focuses on the importance of ideological and institutional factors in the rapid development of the British economy during the years between the Glorious Revolution and the Crystal Palace Exhibition. The Industrial Revolution was a breakthrough in technology, but it was also a set of insights, and a hard-won understanding of 'economies' in the abstract. He argues that Britain led the rest of Europe into the Industrial Revolution because it was there that the optimal intersection of ideas, culture, institutions, and technology existed to make rapid economic growth achievable.Ecampus provided excellent customer service, therefore, I will, without a doubt purchase books from this company in the future.
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The Enlightened Economy; An Economic History of Britain 1700-1850: 5 out of 5 stars based on 1 user reviews.

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