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We hypothesize that cultural appreciation of hard work and thrift,the Protestant ethic according to Max Weber,had a pre-Reformation origin.The proximate source of these values was,according to the proposed theory,the Catholic Order of Cistercians.In support,we first document an impact from the...
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We advance the hypothesis that cultural values such as high work ethic and thrift, “the Protestant ethic” according to MaxWeber, may have been diffused long before the Reformation, thereby importantly affecting the pre-industrial growth record. The source of pre-Reformation Protestant ethic,...
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Unified growth theory predicts that the timing of the fertility transition is a key determinant of contemporary comparative development, as it marks the onset of the take-off to sustained growth. Neoclassical growth theory presupposes a take-off, and explains comparative development by...
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