The book provides startling reasons for why the foundations of our modern economy were laid in the mere two centuries between Columbus and Newton. During the late 18th 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. 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.
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