A Review of Gregory Clark's A Farewell to Alms: A Brief Economic History of the World
AbstractA Farewell to Alms advances striking claims about the economic history of the world. These include (1) the preindustrial world was in a Malthusian preventive check equilibrium, (2) living standards were unchanging and above subsistence for the last 100,000 years, (3) bad institutions were not the cause of economic backwardness, (4) successful economic growth was due to the spread of "middle class" values from the elite to the rest of society for "biological" reasons, (5) workers were the big gainers in the British Industrial Revolution, and (6) the absence of middle class values, for biological reasons, explains why most of the world is poor. The empirical support for these claims is examined, and all are questionable.
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Bibliographic InfoArticle provided by American Economic Association in its journal Journal of Economic Literature.
Volume (Year): 46 (2008)
Issue (Month): 4 (December)
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- N00 - Economic History - - General - - - General
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- Gregory Clark & Joe Cummins & Brock Smith, 2010.
"The Surprising Wealth of Pre-industrial England,"
1014, University of California, Davis, Department of Economics.
- Nicholas Crafts, 2010. "Cliometrics and technological change: a survey," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 17(5), pages 1127-1147.
- Charles J. Cook, . "The Role of Lactose Tolerance in Pre-Colonial Development," Departmental Working Papers 2011-12, Department of Economics, Louisiana State University.
- Clark, Gregory, 2010. "The Consumer Revolution: Turning Point in Human History, or Statistical Artifact?," MPRA Paper 25467, University Library of Munich, Germany.
- Ken Tabata, 2013. "The Expansion of the Commercial Sector and the Child Quantity-Quality Transition in a Malthusian World," Discussion Paper Series 105, School of Economics, Kwansei Gakuin University, revised May 2013.
- Clark, Gregory, 2010.
"1381 and the Malthus Delusion,"
25466, University Library of Munich, Germany.
- Chiarini, Bruno, 2010. "Was Malthus right? The relationship between population and real wages in Italian history, 1320 to 1870," Explorations in Economic History, Elsevier, vol. 47(4), pages 460-475, October.
- Seven Agir, 2011. "The Evolution of Grain Policy Beyond Europe: Ottoman Grain Administration in the Late Eighteenth Century," Working Papers 999, Economic Growth Center, Yale University.
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