Lecture 14

Then the state clearly became an obstacle to the

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Unformatted text preview: goods and persons, but as carriers of the dreaded revolution. Then the State clearly became an obstacle to the economic development of the country.” (1970 p. 89). James A. Robinson (Harvard) The Emergence of Modern Economic Growth: A Comparative and28, 2009 Analysis October Historical 6 / 12 ... and in Austria Jerome Blum (1943, “Transportation and Industry in Austria, 1815-1848,” Journal of Modern History, 15, 24-38.) also pointed to the same forces as the major blockage to industrialization arguing (p. 26) that “these living forces of the traditional economic system were the greatest barrier to development. Their chief supporter was ... Emperor Francis. He knew that the advances in the techniques of production threatened the life of the old order of which he was so determined a protector. Because of his unique position as …nal arbiter of all proposals for change he could stem the ‡ood for a time. Thus when plans for the construction of a steam railroad were put before him, he refused to g...
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This document was uploaded on 02/28/2014 for the course ECON 2328 at Harvard.

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