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Weber Revisited: The Protestant Ethic and the Spirit of Nationalism

Felix Kersting, Iris Wohnsiedler and Nikolaus Wolf
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Felix Kersting: HU Berlin
Iris Wohnsiedler: HU Berlin

No 199, Rationality and Competition Discussion Paper Series from CRC TRR 190 Rationality and Competition

Abstract: We revisit Max Weber's hypothesis on the role of Protestantism for economic development. We show that nationalism is crucial to both, the interpretation of Weber's Protestant Ethic and empirical tests thereof. For late 19th century Prussia we reject Weber’s suggestion that Protestantism mattered due to an “ascetic compulsion to save”. Moreover, we find that income levels, savings, and literacy rates differed between Germans and Poles, not between Protestants and Catholics using pooled OLS and IV regressions as well as IV mediation analysis. We suggest that this result is due to anti-Polish discrimination.

Keywords: Max Weber; protestantism; nationalism (search for similar items in EconPapers)
JEL-codes: N13 N33 O16 Z12 (search for similar items in EconPapers)
Date: 2019-11-13
New Economics Papers: this item is included in nep-evo, nep-gro, nep-his and nep-hpe
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Journal Article: Weber Revisited: The Protestant Ethic and the Spirit of Nationalism (2020) Downloads
Working Paper: Weber Revisited: The Protestant Ethic and the Spirit of Nationalism (2020) Downloads
Working Paper: Weber Revisited: The Protestant Ethic and the Spirit of Nationalism (2020) Downloads
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