A Culture of Growth: The Origins of the Modern Economy (The Graz Schumpeter Lectures)
Paperback – June 19, 2018
Why Enlightenment culture sparked the Industrial Revolution
During the late eighteenth century, innovations in Europe triggered the Industrial Revolution and the sustained economic progress that spread across the globe. While much has been made of the details of the Industrial Revolution, what remains a mystery is why it took place at all. Why did this revolution begin in the West and not elsewhere, and why did it continue, leading to today's unprecedented prosperity? In this groundbreaking book, celebrated economic historian Joel Mokyr argues that a culture of growth specific to early modern Europe and the European Enlightenment laid the foundations for the scientific advances and pioneering inventions that would instigate explosive technological and economic development. Bringing together economics, the history of science and technology, and models of cultural evolution, Mokyr demonstrates that culture―the beliefs, values, and preferences in society that are capable of changing behavior―was a deciding factor in societal transformations.
Mokyr looks at the period 1500–1700 to show that a politically fragmented Europe fostered a competitive "market for ideas" and a willingness to investigate the secrets of nature. At the same time, a transnational community of brilliant thinkers known as the “Republic of Letters” freely circulated and distributed ideas and writings. This political fragmentation and the supportive intellectual environment explain how the Industrial Revolution happened in Europe but not China, despite similar levels of technology and intellectual activity. In Europe, heterodox and creative thinkers could find sanctuary in other countries and spread their thinking across borders. In contrast, China’s version of the Enlightenment remained controlled by the ruling elite.
Combining ideas from economics and cultural evolution, A Culture of Growth provides startling reasons for why the foundations of our modern economy were laid in the mere two centuries between Columbus and Newton.
Finalist for the 2017 Hayek Prize, The Manhattan Institute
Honorable Mention for the 2017 PROSE Award in European and World History, Association of American Publishers
One of MIT Technology Review’s Best Books of 2016
More praise forA Culture of Growth---Adam Gopnik, New Yorker
A fine book…. One of our country's great economic historians has helped us better understand the greatest transformation in human welfare our planet has ever seen.---Richard Vedder, Wall Street Journal
- Series: The Graz Schumpeter Lectures
- Paperback: 416 pages
- Publisher: Princeton University Press; Reprint edition (June 12, 2018)
- Language: English
- ISBN-10: 0691180962
- ISBN-13: 978-0691180960
- Product Dimensions: 5.2 x 1 x 8 inches
- Shipping Weight: 12.3 ounces