Recent Developments in the Theory of Very Long Run Growth : a Historical Appraisal

  title={Recent Developments in the Theory of Very Long Run Growth : a Historical Appraisal},
  author={Stephen Broadberry},
  • Stephen Broadberry
  • Published 2007
This paper offers a historical appraisal of recent developments in the theory of very long run growth, focusing on two main areas: (1) linkages between wages, population and human capital and (2) interactions between institutions, markets and technology. Historians as well as economists have recently begun to break away from the traditional practice of using different methods to analyse the world before and after the industrial revolution. However, tensions remain between the theoretical and… CONTINUE READING


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