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The Long Process of Development: Building Markets and States in Pre-industrial England, Spain and their Colonies

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Management number 230006177 Release Date 2026/05/31 List Price $39.88 Model Number 230006177
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Douglass North once emphasized that development takes centuries, but he did not have a theory of how and why change occurs. This groundbreaking book advances such a theory by examining in detail why England and Spain developed so slowly from 1000 to 1800. A colonial legacy must go back centuries before settlement, and this book points to key events in England and Spain in the 1260s to explain why Mexico lagged behind the United States economically in the twentieth century. Based on the integration of North's institutional approach with Mancur Olson's collective action theory, Max Weber's theory of value change, and North's focus on dominant coalitions based on rent and military in In the Shadow of Violence, this theory of change leads to exciting new historical interpretations, including the crucial role of the merchant-navy alliance in England and the key role of George Washington's control of the military in 1787. Read more

ISBN10 1107063698
ISBN13 978-1107063693
Language English
Publisher Cambridge University Press
Dimensions 6.22 x 1.18 x 9.25 inches
Item Weight 1.64 pounds
Print length 458 pages
Publication date November 24, 2014

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