Enlightened Economy: An Economic History of Britain 1700-1850

Enlightened Economy: An Economic History of Britain 1700-1850

by Joel Mokyr
ISBN-10:
0300189516
ISBN-13:
2900300189512
Pub. Date:
10/30/2012
Publisher:
Enlightened Economy: An Economic History of Britain 1700-1850

Enlightened Economy: An Economic History of Britain 1700-1850

by Joel Mokyr
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Overview

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.

 


Product Details

ISBN-13: 2900300189512
Publication date: 10/30/2012
Edition description: NE
Pages: 576
Product dimensions: 5.90(w) x 9.00(h) x 1.10(d)

About the Author

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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