After a long period of economic divergence before 1914, the Portuguese economy recovered slightly until 1950, entering thereafter on a path of strong economic convergence. This paper focuses on Portuguese economic growth in the period 1950-1973 in order to show how institutional decisions...

New research on historical national accounting has provided a more comprehensive picture of European economic performance from the medieval period through industrialization and the transition to modern economic growth. These data confirm anecdotal arguments that pre-industrial economies were not...

This paper surveys the small, yet growing, literature that uses game theory for economic history analysis. It elaborates on the promise and challenge of applying game theory to economic history and presents the approaches taken in conducting such an application. Most of the essay, however, is...

Demographic behaviour is influenced not just by attributes of individuals but also by characteristics of the communities in which those individuals live. A project on ‘Economy, Gender, and Social Capital in the German Demographic Transition’ is analyzing the longterm determinants of...

This paper uses evidence from German-speaking central Europe to address open questions about the Consumer and Industrious Revolutions. Did they happen outside the early-developing, North Atlantic economies? Were they shaped by the “social capital” of traditional institutions? How were they...

In this paper, we deal with some pieces of evidence that are necessary to explain the paradox of rapid GDP growth despite the dismal competitiveness of the Greek economy during 1995-2008. It is shown how the structural weaknesses of the Greek economy have hit the domestic economy investigating...

In considering ideology and economic activity, ideology is defined as a system of beliefs which binds people together into a social grouping. This is synonymous with religion as defined by Durkheim (1912) and, as a definition of religion, it may be too wide; but if this definition is adopted, both...

The paper presents a summary of the forthcoming book by the authors and discusses the sample study of the 9 developing countries. While admitting the non-linearity of economic development they claim that the developing countries make a transition from the limited access orders (where the...

It is argued in this paper that Islam had developed its own capitalistic system centuries before the West. This was an economic system based upon constrained maximization, the constraint being imposed by the teachings of classical Islam. Notwithstanding this difference with western capitalism,...

We use book translations as a new measure of international idea flows and study the effects of Communism’s collapse in Eastern Europe on these flows. Using novel data on 800,000 translations and difference-in-differences approaches, we show that while translations between Communist languages...