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Sheilagh Ogilvie on Epidemics, Guilds, and the Persistence of Bad Institutions

Conversations with Tyler

CHAPTER

Economic Growth in 17th Century England

This chapter explores the origins of sustained economic growth in England during the 17th century, emphasizing the importance of institutions like markets and local governance. The discussion contrasts England’s trajectory with that of the Dutch Republic, examining how institutional innovations spurred entrepreneurship and influenced the course of the Industrial Revolution.

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