A Farewell to Alms advances striking claims about the economic history of the world. These include (1) the preindustrial world was in a Malthusian preventive check equilibrium, (2) living standards were unchanging and above subsistence for the last 100,000 years, (3) bad institutions were not the cause of economic backwardness, (4) successful economic growth was due to the spread of "middle class" values from the elite to the rest of society for "biological" reasons, (5) workers were the big ...Expand abstract
- Publisher copy:
- Copyright date:
A Review of Gregory Clark's A Farewell to Alms: A Brief Economic History of the World.
If you are the owner of this record, you can report an update to it here: Report update to this record