This paper models economic development as a process of institutional transformation by focusing on the interplay between agents' occupational decisions and the distribution of wealth. Because of capital market imperfections, poor agents choose working for a wage over self-employment, and wealthy agents become entrepreneurs who monitor workers. Only with sufficient inequality, however, will there be employment contracts; otherwise, there is either subsistence or self-employment. Thus, in static equilibrium, the occupational structure depends on distribution. Since the latter is itself endogenous, we demonstrate the robustness of this result by extending the model dynamically and studying examples in which initial wealth distributions have long-run effects. In one case the economy develops either widespread cottage industry (self-employment) or factory production (employment contracts), depending on the initial distribution; in the other example, it develops into prosperity or stagnation.

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Occupational Choice and the Process of Development

Distinguishing four sources of power in human societies – ideological, economic, military and political – The Sources of Social Power traces their interrelations throughout human history In this first volume, Michael Mann examines interrelations between these elements from neolithic times, through ancient Near Eastern civilizations, the classical Mediterranean age and medieval Europe, up to just before the Industrial Revolution in England It offers explanations of the emergence of the state and social stratification; of city-states, militaristic empires and the persistent interaction between them; of the world salvation religions; and of the particular dynamism of medieval and early modern Europe It ends by generalizing about the nature of overall social development, the varying forms of social cohesion and the role of classes and class struggle in history First published in 1986, this new edition of Volume 1 includes a new preface by the author examining the impact and legacy of the work

The sources of social power

It is widely believed that current disparities in economic, political, and social outcomes reflect distinct institutions. Institutions are invoked to explain why some countries are rich and others poor, some democratic and others dictatorial. But arguments of this sort gloss over the question of what institutions are, how they come about, and why they persist. They also fail to explain why institutions are influenced by the past, why it is that they can sometimes change, why they differ so much from society to society, and why it is hard to study them empirically and devise a policy aimed at altering them. This 2006 book seeks to overcome these problems, which have exercised economists, sociologists, political scientists, and a host of other researchers who use the social sciences to study history, law, and business administration. It presents a multi-disciplinary perspective to study endogenous institutions and their dynamics.

/pdf/institutions-and-the-path-to-the-modern-economy-4dlla029fs.pdf

Institutions and the path to the modern economy

The emergence of global history has been one of the more notable features of academic history over the past three decades. Although historians of disease were among the pioneers of one of its earlier incarnations—world history—the recent “global turn” has made relatively little impact on histories of health, disease, and medicine. Most continue to be framed by familiar entities such as the colony or nation-state or are confined to particular medical “traditions.” This article aims to show what can be gained from taking a broader perspective. Its purpose is not to replace other ways of seeing or to write a new “grand narrative” but to show how transnational and transimperial approaches are vital to understanding some of the key issues with which historians of health, disease, and medicine are concerned. Moving on from an analysis of earlier periods of integration, the article offers some reflections on our own era of globalization and on the emerging field of global health.

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A Global Perspective: Reframing the History of Health, Medicine, and Disease.

After World War II a select number of countries outside Japan and the West-those that Alice Amsden calls "the rest"-gained market share in modern industries and altered global competition. By 2000, a great divide had developed within "the rest", the lines drawn according to prewar manufacturing experience and equality in income distribution. China, India, Korea and Taiwan had built their own national manufacturing enterprises that were investing heavily in R&D. Their developmental states had transformed themselves into champions of science and technology. By contrast, Argentina, Brazil and Mexico had experienced a wave of acquisitions and mergers that left even more of their leading enterprises controlled by multinational firms. The developmental states of Mexico and Turkey had become hand-tied by membership in NAFTA and the European Union. Which model of late industrialization will prevail, the "independent" or the "integrationist," is a question that challenges the twenty-first century.

http://disciplinas.stoa.usp.br/pluginfile.php/347405/mod_resource/content/1/Amsden%20Rise%20of%20the%20Rest%20caps%2067.pdf

The Rise of "The Rest": Challenges to the West from Late-Industrializing Economies

The political economy of British taxation, 1660-1815

This essay has been written to serve as a prolegomenon for a new journal in Global History. It opens with a brief depiction of the two major approaches to the field (through connexions and comparisons) and moves on to survey first European and then other historiographical traditions in writing ‘centric’ histories up to the times of the Imperial Meridian 1783–1825, when Europe’s geopolitical power over all other parts of the world became hegemonic. Thereafter, and for the past two centuries, all historiographical traditions converged either to celebrate or react to the rise of the ‘West’. The case for the restoration of Global History rests upon its potential to construct negotiable meta-narratives, based upon serious scholarship that will become cosmopolitan in outlook and meet the needs of our globalizing world.

/pdf/historiographical-traditions-and-modern-imperatives-for-the-u1eq11vhc9.pdf

Historiographical traditions and modern imperatives for the restoration of global history

European Economic Development: The Contribution of the Periphery*

Taxation in Britain and France, 1715-1810. A comparison of the Social and Economic Incidence of Taxes Collected for the Central Governments.

Institutions that promoted or restrained early modern economic growth were established, sustained, and often destroyed by states. Yet their economic history lacks either a fundamental theory or grounded narrative for state formation in the east or the west. This survey of a library of recent research in the conjoined histories of national taxation and finance deploys a stage theory and reciprocal comparisons to explain when, how, and why England's political elites constructed a fiscal constitution for an island state that provided the external security, internal order, and successful mercantilism to carry the economy to a plateau of possibilities for a precocious industrial revolution.

The nature and historical evolution of an exceptional fiscal state and its possible significance for the precocious commercialization and industrialization of the British economy from Cromwell to Nelson

Patrick O'Brien

Papers

The political economy of British taxation, 1660-1815

Historiographical traditions and modern imperatives for the restoration of global history

European Economic Development: The Contribution of the Periphery*

Taxation in Britain and France, 1715-1810. A comparison of the Social and Economic Incidence of Taxes Collected for the Central Governments.

The nature and historical evolution of an exceptional fiscal state and its possible significance for the precocious commercialization and industrialization of the British economy from Cromwell to Nelson