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Established views of the early modern economy have changed considerably. De Vries and Van der Woude maintain that the Dutch economy was exceptional in its process of ‘modern economic growth’ in… Continue Reading
The paper discusses different attempts to measure economic growth in Europe before the Industrial Revolution. It is argued that the figures published by Angus Maddison probably overestimate growth… Continue Reading
For better or for worse, in recent times the rapid growth of international economic exchange has changed our lives. But when did this process of globalization begin, and what effects did it have on… Continue Reading
Economic historians, inspired by Douglass North and his broad reassessment of new institutional economics, tend to believe that the quality of the institutional framework of a nation or region has… Continue Reading
This chapter investigates one aspect of this hypothesis: the remuneration of human capital. It tests whether Western Europe really had a comparative advantage in knowledge-intensive sectors by… Continue Reading
An economic theory of merchant capitalism the rise of Holland in the late Middle Ages and early modern period immigration and the labour market in Amsterdam in the 17th century forced labour in the… Continue Reading