Some Fundamental Puzzles In Economic History/Development
AbstractIn this essay I would like to confront a number of fundamental puzzles in economic history/development--puzzles that go to the heart of the nature of economic change. They can be broadly classified under two general headings: how to account for the uneven and erratic pattern of both historical change and contemporary development and how to model this processs of change and development? Can we use the tools at hand-- ie the rationality assumption and growth theory we employ in economics? Let me elaborate on the nature of the puzzles and the connection between them.
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Length: 13 pages
Date of creation: 13 Sep 1995
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institutions development change growth;
Find related papers by JEL classification:
- O00 - Economic Development, Technological Change, and Growth - - General - - - General
- O33 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
- N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
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