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leading pioneers of the "new economic history." Fogel's work is distinguished by the application of economic theory and large …
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conclusion has implications for the study of institutions, economics, and religion throughout history and in the developing world …
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"Adaptable property-rights institutions, we argue, foster economic development. The British example illustrates this point. Around 1700, Parliament established a forum where rights to land and resources could be reorganized. This venue enabled landholders and communities to take advantage of...
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