Princes and Merchants: European City Growth before the Industrial Revolution

@article{Long1993PrincesAM,
  title={Princes and Merchants: European City Growth before the Industrial Revolution},
  author={J. B. de Long and A. Shleifer},
  journal={The Journal of Law and Economics},
  year={1993},
  volume={36},
  pages={671 - 702}
}
  • J. B. de Long, A. Shleifer
  • Published 1993
  • Political Science, Economics
  • The Journal of Law and Economics
  • As measured by the pace of city growth in western Europe from 1000 to 1800. absolutist monarchs stunted the growth of commerce and industry. A region ruled by an absolutist prince saw its total urban population shrink by one hundred thousand people per century relative to a region without absolutist government. This might be explained by higher rates of taxation under revenue-maximizing absolutist governments than under non-absolutist governments. which care more about general economic… CONTINUE READING
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