Pioneers of Capitalism is popular PDF and ePub book, written by Maarten Prak in 2022-12-13, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Pioneers of Capitalism can be Read Online from any device for your convenience.
Pioneers of Capitalism Book PDF Summary
"In most narratives of the history of global economic development, the Netherlands plays an early and leading role. Indeed, the Netherlands has maintained a leading position among the most wealthy nations since at least the fifteenthcentury. Adding to the literature on economic development, Maarten Prak and Jan Luiten van Zanden, bring new evidence to bear on our understanding of how institutions in the Netherlands fostered unprecedented, long term economic growth that changed the course of history. The authors argue that informal institutions had developed long before the statecreated the institutions commonly held to be decisive . These informal institutions -believed in Dutch folklore to have originated in the polders, tracts of low land reclaimed from the sea-demonstrate how private and semi-public organizations provided public safeguards for economic activity in the state's absence. The authors explore how cities, corporations, guilds, commons, and other civil society organizations were structured and how they delivered advanced levels of security for market transactions. The Dutch Miracle argues that it was this sociopolitical structure in which the early market economy of the Netherlands emerged and that enabled the country's almost uninterrupted long-term economic growth"--
Detail Book of Pioneers of Capitalism PDF
- Author : Maarten Prak
- Release : 13 December 2022
- Publisher : Princeton University Press
- ISBN : 9780691229874
- Genre : Business & Economics
- Total Page : 280 pages
- Language : English
- PDF File Size : 12,8 Mb
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