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Technology, Institutions and Long-Term Economic Change

R. Cameron

Chapter 3 in Economics in the Long View, 1982, pp 27-43 from Palgrave Macmillan

Abstract: Abstract Rostow informs us that as an undergraduate at Yale in the 1930s he decided ‘to work professionally on two problems: the relatively narrow problem of bringing modern economic theory to bear on economic history; and the broader problem of relating economic to social and political forces, in the workings of whole societies.’1 Throughout his long, varied, and distinguished career as a teacher, scholar, and public servant he has with remarkable single-minded-ness adhered to that youthful decision. Readers may therefore find it surprising that in an essay devoted precisely to those two problems, and in a volume honouring Rostow, I should have referred only in passing to a small portion of the large corpus of his scholarly writing. The omission is deliberate. In the first place, I have already commented in print on two of his most celebrated works.2 More importantly, I have thought it useful to demonstrate another, independent approach to the problems that have preoccupied him. If that be Hamlet without the prince, I can only say mea culpa.

Keywords: Human Capital; Technical Change; Institutional Change; Seventeenth Century; Economic History (search for similar items in EconPapers)
Date: 1982
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-06287-4_3

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DOI: 10.1007/978-1-349-06287-4_3

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