Introduction : the sixteen-page economic history of the world -- The logic of the Malthusian economy -- Material living standards -- Fertility -- Life expectancy -- Malthus and Darwin : survival of the richest -- Technological advance -- Institutions and growth -- The emergence of modern man --...

This paper examines the political economy of coordination in a simple two-sector model in which individuals' choice of agricultural technology affects industrialization. We demonstrate the existence of multiple equilibria; the economy is either characterized by the use of a traditional...