An Economic History of Europe: Knowledge, Institutions and Growth, 600 to the Present
This concise and accessible introduction to European economic history focusses on the interplay between the development of institutions and the generation and diffusion of knowledge-based technologies. The author challenges the view that European economic history before the Industrial Revolution was constrained by population growth outstripping available resources. He argues instead that the limiting factor was the knowledge needed for technological progress but also that Europe was unique in developing a scientific culture and institutions which were the basis for the unprecedented technological progress and economic growth of the nineteenth and twentieth centuries. Simple explanatory concepts are used to explain growth and stagnation as well as the convergence of income over time whilst text boxes, figures, an extensive glossary and online exercises enable students to develop a comprehensive understanding of the subject. This is the only textbook students will need to understand Europe's unique economic development and its global context.
What people are saying - Write a review
We haven't found any reviews in the usual places.
The making of Europe
Europe from obscurity to economic recovery
Population economic growth and resource constraints
The nature and extent of economic growth
Institutions and growth
Knowledge technology transfer and convergence
Money credit and banking
Other editions - View all
agriculture assets Bretton Woods System Britain British capital markets cent central banks Chapter coins commodity commodity money constraints consumption convergence countries currency decline demand developed division of labour domestic early economic growth Economic History effect efficient Europe example exports fall fertility Figure firms fixed exchange rates fractional reserve banking France free trade Germany Gini coefficient globalization gold standard Golden age grain historians households impact important income per head increase Industrial Revolution inequality inflation initial institutions interest rate interwar investment investors knowledge labour productivity land large number linked Malthusian ment migration modern monetary policy nineteenth century opportunity cost output period political population growth pre-industrial ratio real wages reduced regime relative Roman Empire Scandinavia sectors share supply tariffs technological progress tion total factor productivity transport costs twentieth century unemployment unions urban welfare wheat workers