How the world became rich
Explain It to Me
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Economic Growth
Sustained economic growth of the kind that you're trying to explain in the book isn't the same thing as just trade. We've had trade for thousands of years, going back to the phoeniciansand before that, ah, you had the silk road. Why didn't that kind of commerce, including commerce that sort of span continents and and travel very great distances, lead to the kind of growth that you're interested in explaining? It's not thata. Trade's unimportant. You can have growth based on trade. And this is part of the broader set of what we would call smithian growth. So naimed after adam smith, were societies that build
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