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Fareed Zakaria on the Age of Revolutions, the Power of Ideas, and the Rewards of Intellectual Curiosity

Conversations with Tyler

CHAPTER

The Dutch Golden Age and the Foundations of Modern Economics

This chapter explores the 17th century Dutch Golden Age and its impact on modern politics and economics through the lens of its merchant republic and innovations. It contrasts the economic paths of the Dutch with those of China and India while critiquing GDP as an inadequate measure of pre-20th century economic progress.

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