Growth In A Traditional Society
Philip Hoffman shatters the widespread myth that traditional agricultural societies in early modern Europe were socially and economically stagnant and ultimately dependent on wide-scale political revolution for their growth. Through a richly detailed historical investigation of the peasant agriculture of ancien-régime France, the author uncovers evidence that requires a new understanding of what c...
Series: The Princeton Economic History of the Western World (Book 7)
Paperback: 362 pages
Publisher: Princeton University Press (August 15, 2000)
Product Dimensions: 6 x 1 x 9 inches
Amazon Rank: 3584459
Format: PDF Text TXT book
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- 0691070083 epub
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“This is a very quantitative book about agricultural productivity in France in the several centuries before the French Revolution. The author is a Caltech professor, the quantitative approach is perhaps to be expected.We live in a world that is very d...”
nstituted economic growth in such societies. His arguments rest on a measurement of long-term growth that enables him to analyze the economic, institutional, and political factors that explain its forms and rhythms. In comparing France with England and Germany, Hoffman arrives at fresh answers to some classic questions: Did French agriculture lag behind farming in other countries? If so, did the obstacles in French agriculture lurk within peasant society itself, in the peasants' culture, in their communal property rights, or in the small scale of their farms? Or did the obstacles hide elsewhere, in politics, in the tax system, or in meager opportunities for trade? The author discovers that growth cannot be explained by culture, property rights, or farm size, and argues that the real causes of growth derived from politics and gains from trade. By challenging other widely held beliefs, such as the nature of the commons and the workings of the rural economy, Hoffman offers a new analysis of peasant society and culture, one based on microeconomics and game theory and intended for a wide range of social scientists.