Understanding Long-Run Economic Growth: Geography, Institutions and the Knowledge Economy

The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in explaining why some economies are more successful than others over time. "Understanding Long-Run Economic Growth" explores the relationship between economic conditions, growth, and inequality, with a focus on how the mono...

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The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in explaining why some economies are more successful than others over time. "Understanding Long-Run Economic Growth" explores the relationship between economic conditions, growth, and inequality, with a focus on how the monopolization of resources by the political elite limits incentives for ordinary people to invest in human capital or technological discovery. Among the topics discussed are the development of credit markets in France, the evolution of transportation companies in the United Kingdom and the United States, and the organization of innovation in the United States.

Introduction
Dora L. Costa and Naomi R. Lamoreaux
1. Once Upon a Time in the Americas: Land and Immigration Policies in the New World
Stanley L. Engerman and Kenneth L. Sokoloff
2. The Myth of the Frontier
Camilo García-Jimeno and James A. Robinson
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Introduction
Dora L. Costa and Naomi R. Lamoreaux
1. Once Upon a Time in the Americas: Land and Immigration Policies in the New World
Stanley L. Engerman and Kenneth L. Sokoloff
2. The Myth of the Frontier
Camilo García-Jimeno and James A. Robinson
3. Differential Paths of Financial Development: Evidence from New World Economies
Stephen Haber
4. Political Centralization and Urban Primacy: Evidence from National and Provincial Capitals in the Americas
Sebastian Galiani and Sukkoo Kim
5. History, Geography, and the Markets for Mortgage Loans in Nineteenth-Century France
Philip T. Hoffman, Gilles Postel-Vinay, and Jean-Laurent Rosenthal
6. Two Roads to the Transportation Revolution: Early Corporations in the United Kingdom and the United States
Dan Bogart and John Majewski
7. Premium Inventions: Patents and Prizes as Incentive Mechanisms in Britain and the United States, 1750–1930
B. Zorina Khan
8. The Reorganization of Inventive Activity in the United States during the Early Twentieth Century
Naomi R. Lamoreaux, Kenneth L. Sokoloff, and Dhanoos Sutthiphisal
9. Mass Secondary Schooling and the State: The Role of State Compulsion in the High School Movement
Claudia Goldin and Lawrence F. Katz
10. The Impact of the Asian Miracle on the Theory of Economic Growth
Robert W. Fogel
11. Ken Sokoloff and the Economic History of Technology: An Appreciation
Joel Mokyr
12. Kenneth Sokoloff on Inequality in the Americas
Peter H. Lindert
13. Remembering Ken, Our Beloved Friend
Manuel Trajtenberg
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