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Pre-industrial economic growth - PERSSON

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Title
Pre-industrial economic growth - social organization and technological progress in Europe
Author
PERSSON
format
Hardback
Publisher
Wiley Blackwell
Language
English
UK Publication Date
19880922

This book challenges the view that preindustrial economies were technologically and socially stagnant. Slow but significant changes in production methods occurred as a byproduct of production through learning by doing and specialization. It is also shown that institutions in preindustrial societies such as the guilds and open field agriculture, which are usually described as inefficient and a barrier to progress, were in fact contributing to technological change.;In a series of new calculations of growth in per capita income, Dr Persson demonstrates that the European medieval economy experienced considerable growth of income. Many characteristics of the modern agricultural revolution were already present in the 14th century in major regions of Europe.;Dr Persson argues that the historical dividing line between economic stagnation and growth is the beginning of the present millennium and not the 18th century. His argument is accessible and non-technical throughout, with formal demonstrations found in footnotes and appendices.;The book should be of interest to economists, advanced students of economic history, economic anthropology, history of technology and economic demographers.

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Type
BOOK
Keyword Index
Europe - Economic conditions - To 1492.|Europe - Social conditions - To 1492.
Country of Publication
England
Number of Pages
159

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