John Komlos examines the industrial expansion of Austria from a
fresh viewpoint and develops a new model for the industrial
revolution. By integrating recent advances in the study of human
biology and nutrition as they relate to physical stature,
population growth, and levels of economic development, he reveals
an intense Malthusian crisis in the Habsburg lands during the
second half of the eighteenth century. At that time food shortages
brought about by the accelerated population growth of the 1730s
forced the government to adopt a reform program that opened the way
for the beginning of the industrial revolution in Austria and in
the Czech Crownlands. Comparing this "Austrian model" of economic
growth to the industrial revolution in Britain, Komlos argues that
the model is general enough to explain demographic and economic
growth elsewhere in Europe--despite obvious regional differences.
The main feature of the model is the interplay between a
persistent, even if small, tendency to accumulate capital and a
population with an underlying tendency to grow in numbers while
remaining subject to Malthusian checks, particularly a limited
availability of food. According to Komlos, modern economic growth
in Europe began when the food constraint was finally lifted.
Originally published in 1989.
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