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The Enlightened Economy - Britain and the Industrial Revolution, 1700-1850 (Paperback)
Loot Price: R581
Discovery Miles 5 810
You Save: R125
(18%)
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The Enlightened Economy - Britain and the Industrial Revolution, 1700-1850 (Paperback)
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List price R706
Loot Price R581
Discovery Miles 5 810
You Save R125 (18%)
Expected to ship within 9 - 15 working days
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This book focuses on the importance of ideological and
institutional factors in the rapid development of the British
economy during the years between the Glorious Revolution and the
Crystal Palace Exhibition. Joel Mokyr shows that we cannot
understand the Industrial Revolution without recognizing the
importance of the intellectual sea changes of Britain's Age of
Enlightenment. In a vigorous discussion, Mokyr goes beyond the
standard explanations that credit geographical factors, the role of
markets, politics, and society to show that the beginnings of
modern economic growth in Britain depended a great deal on what key
players knew and believed, and how those beliefs affected their
economic behavior. He argues that Britain led the rest of Europe
into the Industrial Revolution because it was there that the
optimal intersection of ideas, culture, institutions, and
technology existed to make rapid economic growth achievable. His
wide-ranging evidence covers sectors of the British economy often
neglected, such as the service industries.
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