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Using annual data from the thirteenth century to the present, we show that improved long run economic performance has occurred primarily through a decline in the rate and frequency of shrinking, rather than through an increase in the rate of growing. Indeed, as economic performance has improved...
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global economy in 1870. A team of leading economic historians reconstruct Britain's national accounts for the first time … Industrial Revolution. Contrary to traditional views of the earlier period as one of Malthusian stagnation, they reveal how the … global economy in 1870. A team of leading economic historians reconstruct Britain's national accounts for the first time …
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