Summary of JOIE article (17(3), June 2021) by Geoffrey M. Hodgson, Institute for International Management, Loughborough University London. The complete article is available on the JOIE website. This is a summary of an article that addresses the role of financial institutions in empowering the British Industrial Revolution. Prominent economic historians have argued that investment was largely…
Tag: property rights
Article Summary: “1688 and All That: Property Rights, the Glorious Revolution and the Rise of British Capitalism”, Geoffrey Hodgson
Summary of JOIE article “1688 and All That: Property Rights, the Glorious Revolution and the Rise of British Capitalism”, Journal of Institutional Economics, 13(1), March, pp. 79-107, by Geoffrey Hodgson (Hertfordshire Business School, University of Hertfordshire). The article is open access and available on the JOIE website. Sometime after 1700, GDP per capita began to…