How the world became rich
Explain It to Me
00:00
The Role of Institutions in Economic Growth
The industrial revolution began in england, a country that didn't even really have a king. It's not necessarily the poor ale s who are rising up by their bootstraps and then there's an invention they're able to exploit. And i think these types of things where you have some basic protections, also britain is also a period where this was fundamentally different in a world economic history.
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