Atlantic Economic Journal

, Volume 44, Issue 2, pp 243–259 | Cite as

Institutions and the Origins of the Great Enrichment

Article

Abstract

The origins of modern economic growth and the Industrial Revolution that triggered it can be found in the cultural and institutional developments in early modern Europe. In this era the Republic of Letters emerged as a transnational community that solved many of the incentive problems that plagued the creation and diffusion of science and technology, and paved the way to the Industrial Enlightenment of the eighteenth century.

Keywords

Economic growth Technological change Industrial revolution 

JEL

N33 O11 

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Copyright information

© International Atlantic Economic Society 2016

Authors and Affiliations

  1. 1.Departments of Economics and HistoryNorthwestern UniversityEvanstonUSA
  2. 2.Berglas School of EconomicsUniversity of Tel AvivTel AvivUSA

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