Before about 200 years ago there was no long run

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: no long-run tendency for living standards to increase. This does not imply they were constant sometimes they went up for long periods of time, and then they went down again. A good example of this is the rise and decline of the ancient Greek city states. Between 800BCE and 300BCE population expanded rapidly, but many sources of evidence suggest that living standards increased over this 500 year period. Ian Morris estimates that consumption levels increased between 50 to 100%. I’ argue that the nature of these dynamics are very revealing about ll what processes drive economic growth. James A. Robinson (Harvard) The Emergence of Modern Economic Growth: A Comparative and Historical Analysis September 2, 2009 8 / 19 Source: Morris, Ian (2004) “Economic Growth in Ancient Greece,” Journal of Institutional And Theoretical Economics, 160, 709-742. Population Went Up Source: Morris, Ian (2004) “Economic Growth in Ancient Greece,” Journal of Institutional And Theoretical Economics, 160, 709-742. Life Expectancy Increased S...
View Full Document

This document was uploaded on 02/28/2014 for the course ECON 2328 at Harvard.

Ask a homework question - tutors are online