
Religion, Political Power, and Economic Growth with Jared Rubin
Economics Detective Radio
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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