A Culture of Growth: The Origins of the Modern Economy

A Culture of Growth: The Origins of the Modern Economy

by Joel Mokyr
A Culture of Growth: The Origins of the Modern Economy

A Culture of Growth: The Origins of the Modern Economy

by Joel Mokyr

Paperback(Reprint)

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Overview

Why Enlightenment culture sparked the Industrial Revolution

During the late eighteenth century, innovations in Europe triggered the Industrial Revolution and the sustained economic progress that spread across the globe. While much has been made of the details of the Industrial Revolution, what remains a mystery is why it took place at all. Why did this revolution begin in the West and not elsewhere, and why did it continue, leading to today's unprecedented prosperity? In this groundbreaking book, celebrated economic historian Joel Mokyr argues that a culture of growth specific to early modern Europe and the European Enlightenment laid the foundations for the scientific advances and pioneering inventions that would instigate explosive technological and economic development. Bringing together economics, the history of science and technology, and models of cultural evolution, Mokyr demonstrates that culture—the beliefs, values, and preferences in society that are capable of changing behavior—was a deciding factor in societal transformations.

Mokyr looks at the period 1500–1700 to show that a politically fragmented Europe fostered a competitive "market for ideas" and a willingness to investigate the secrets of nature. At the same time, a transnational community of brilliant thinkers known as the “Republic of Letters” freely circulated and distributed ideas and writings. This political fragmentation and the supportive intellectual environment explain how the Industrial Revolution happened in Europe but not China, despite similar levels of technology and intellectual activity. In Europe, heterodox and creative thinkers could find sanctuary in other countries and spread their thinking across borders. In contrast, China’s version of the Enlightenment remained controlled by the ruling elite.

Combining ideas from economics and cultural evolution, A Culture of Growth provides startling reasons for why the foundations of our modern economy were laid in the mere two centuries between Columbus and Newton.


Product Details

ISBN-13: 9780691180960
Publisher: Princeton University Press
Publication date: 06/12/2018
Edition description: Reprint
Pages: 424
Sales rank: 414,588
Product dimensions: 5.10(w) x 7.70(h) x 0.90(d)

About the Author

Joel Mokyr is the Robert H. Strotz Professor of Arts and Sciences and professor of economics and history at Northwestern University and Sackler Professor at the Eitan Berglas School of Economics at the University of Tel Aviv. His many books include The Enlightened Economy and The Gifts of Athena (Princeton). He is the recipient of the Heineken Prize for History and the International Balzan Prize for Economic History.

Table of Contents

Acknowledgments ix

Preface xiii

Part I: Evolution, Culture, and Economic History

Chapter 1: Culture and Economics 3

Chapter 2: Nature and Technology 16

Chapter 3: Cultural Evolution and Economics 22

Chapter 4: Choice-based Cultural Evolution 34

Chapter 5: Biases in Cultural Evolution 43

Part II: Cultural Entrepreneurs and Economic Change, 1500–1700

Chapter 6: Cultural Entrepreneurs and Choice-based Cultural Evolution 59

Chapter 7: Francis Bacon, Cultural Entrepreneur 70

Chapter 8: Isaac Newton, Cultural Entrepreneur 99

Part III: Innovation, Competition, and Pluralism in Europe, 1500–1700

Chapter 9: Cultural Choice in Action: Human Capital and Religion 119

Chapter 10: Cultural Change and the Growth of Useful Knowledge, 1500–1700 142

Chapter 11: Fragmentation, Competition, and Cultural Change 165

Chapter 12: Competition and the Republic of Letters 179

Part IV: Prelude to the Enlightenment

Chapter 13: Puritanism and British Exceptionalism 227

Chapter 14: A Culture of Progress 247

Chapter 15: The Enlightenment and Economic Change 267

Part V: Cultural Change in the East and West

Chapter 16: China and Europe 287

Chapter 17: China and the Enlightenment 321

Epilogue: Useful Knowledge and Economic Growth 339

References 343

Index 381

What People are Saying About This

From the Publisher

"Many great minds have written many great books about why Europe spearheaded technological progress and economic growth in the past three centuries. Joel Mokyr has joined their ranks with admirable verve, erudition, and originality. In his account, a change in the beliefs, values, and preferences of Europeans drove them to accumulate, share, and apply knowledge as it had never been done before. Agree or disagree with Mokyr's thesis, you definitely need to take it seriously."—Daron Acemoglu, coauthor of Why Nations Fail

"Mokyr's new masterpiece is a virtuoso display of how new thinking in economics can bring a deeper understanding of one of the most important events in human history. A Culture of Growth documents the cultural shifts that permitted the interrogation of nature that then flowered into scientific advances. This book offers us an optimistic vision: a great expansion of communication preceded our modern prosperity, and we can expect this to happen again."—Angus Deaton, 2015 Nobel Laureate in Economics

“In A Culture of Growth, Joel Mokyr explores in detail the interactions among groups of educated people that led to the creation of specific innovative ideas important in the Industrial Revolution. Mokyr’s historical laboratory is early modern Europe but his methods and findings seem to me equally useful in thinking about the prospects for a variety of contemporary economies the world over.”—Robert E. Lucas Jr., 1995 Nobel Laureate in Economics

"In this immensely learned book, Mokyr argues that a specific culture of growth anchored in the Republic of Letters, spread through the enlightened circuits beginning with Britain, and made the Industrial Revolution happen. Written by America's leading economic historian, A Culture of Growth is magisterial and long overdue."—Margaret Jacob, University of California, Los Angeles

"A giant among the masters of economic history, Mokyr has written a brilliant, persuasive, humane, penetrating, and sensationally good book. Mokyr looks at the immensely powerful idea of a progressive Baconian science, which stepped down from theory to enrich the modern world. The range of scholarship is astonishing and this major work will become a standard in the literature on economic growth."—Deirdre McCloskey, author of Bourgeois Equality

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