This book brings together a number of previously published articles by Stanley L. Engerman and Kenneth L. Sokoloff. Its essays deal with differences in the rates of economic growth in Latin American and mainland North America, specifically the United States and Canada. It demonstrates how relative differences in growth over time are related to differences in the institutions that developed in different economies. This variation is driven by differences in major institutions - suffrage, education, tax policy, land and immigration policy, and banking and financial organizations. These factors, in turn, are all related to differences in endowments, climate and natural resources. Providing a comprehensive treatment of its topic, the essays have been revised to reflect new developments and research.

Slavery in the Development of the Americas brings together work from leading historians and economic historians of slavery. The essays cover various aspects of slavery and the role of slavery in the development of the southern United States, Brazil, Cuba, the French and Dutch Caribbean, and elsewhere in the Americas. Some essays explore the emergence of the slave system, and others provide important insights about the operation of specific slave economics. There are reviews of slave markets and prices, and discussions of the efficiency and distributional aspects of slavery. Perspectives are brought on the transition from slavery and subsequent adjustments, and the volume contains the work of prominent scholars, many of whom have been pioneers in the study of slavery in the Americas.

This volume includes ten essays concerned with financial and other forms of economic intermediation in Europe, Canada, and the United States, dating from the seventeenth century through the twentieth. The essays relate the development of institutions to economic change and describe their evolution over time. Each also discusses several different forms of intermediation and deals with significant economic and historical issues.

Human Capital and Institutions is concerned with human capital in its many dimensions and brings to the fore the role of political, social, and economic institutions in human capital formation and economic growth. Written by leading economic historians, including pioneers in historical research on human capital, the chapters in this text offer a broad-based view of human capital in economic development. The issues they address range from nutrition in pre-modern societies to twentieth-century advances in medical care; from the social institutions that provided temporary relief to workers in the middle and lower ranges of the wage scale to the factors that affected the performance of those who reached the pinnacle in business and art; and from political systems that stifled the advance of literacy to those that promoted public and higher education. Just as human capital has been a key to economic growth, so has the emergence of appropriate institutions been a key to the growth of human capital.

Slavery in the Development of the Americas brings together new work from leading historians and economic historians of slavery. The essays cover various aspects of slavery and the role of slavery in the development of the southern United States, Brazil, Cuba, the French and Dutch Caribbean, and elsewhere in the Americas. Some essays explore the emergence of the slave system, and others provide important insights about the operation of specific slave economics. There are reviews of slave markets and prices, and discussions of the efficiency and distributional aspects of slavery. New perspectives are brought on the transition from slavery and subsequent adjustments, and the volume contains the latest work of scholars, many of whom have been pioneers in the study of slavery in the Americas.

This volume includes ten essays concerned with financial and other forms of economic intermediation in Europe, Canada, and the United States, dating from the seventeenth century through the twentieth. The essays relate the development of institutions to economic change and describe their evolution over time. Each also discusses several different forms of intermediation and deals with significant economic and historical issues.