![]() ![]() Starting in the early seventeenth century, England had many decades of ongoing, steady growth. China had wonderful technology for its time and was the richest part of the world for centuries but never succeeded in this endeavor, not for long at least.Įngland was fortunate to be an island. Parts of Europe took a good deal from the New World and this may have mattered a good deal.īuilding a strong enough state to protect markets from other states is very hard to do at the same time the built state has to avoid crushing those markets itself. They may also require that the successful defender, at the same time, has good enough technology to predate someone else and accumulate a sizable surplus. More generally, extended periods of economic growth require that technologies of defense outweigh technologies of predation. ![]() First, you might wish to go back and read the MR reviews and debates of Greg Clark's Farewell to Alms, That's a reader request from the especially loyal Harrison Brookie. ![]()
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