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Religion, Political Power, and Economic Growth with Jared Rubin

Economics Detective Radio

CHAPTER

The Impact of Religious Legitimacy on Economic Governance

The chapter explores the transition in Europe towards economic governance post-Reformation, emphasizing the shift in rulers seeking legitimacy from economic elites rather than the church. It discusses historical events like the Glorious Revolution in England and the intertwining of economic elites and Protestant rulers. The chapter highlights the significance of commitment mechanisms in fostering economic growth and political stability.

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