Oligarchy and Growth Lessons From Europe ’ s Autonomous Cities

  title={Oligarchy and Growth Lessons From Europe ’ s Autonomous Cities},
  author={David Stasavage},
  • David Stasavage
  • Published 2012
The history of European city development provides an important opportunity to examine the effect of political oligarchy on economic growth. Since at least the time of Max Weber, scholars have claimed that the presence of politically autonomous cities in medieval Europe, which tended to be controlled by merchant oligarchies, helped lead to its economic rise when compared with other regions. But there also exists an alternative, and equally long standing claim —autonomous cities were a hindrance… CONTINUE READING

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