econ 30423 economic history of the industrial...
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ECON 30423 Economic History of the Industrial Revolution John Lovett
Our 1st Look at the Question of; “Why Europe?”
Readings: Jones, Eric. (2003). The European Miracle: Environments, Economies and Geopolitics in
the History of Europe and Asia (3rd ed.). Cambridge, UK: Cambridge University Press. pp xxii – xxxv and 3 - 21
I. Some Difficulties
A. How far back to go?
1. Rapid growth of per capita GDP did not happen until sometime in the 1700’s or 1800’s
2. But, it makes sense that roots of this change go back much further 3. Jones refers to 1400 – 1800 as Europe’s “early modern period”. Others also use
the term “early modern Europe”.
B. What is the best choice of units? 1. Nation-states?
These are the units that choose economic policy … once we have nation-states
But nation-states, especially most of today’s nation-states, are a relatively modern phenomena. They don’t go back far enough to capture the roots of industrialization.
Also, nation-states may be as much affected by its neighbors as its individual policy choice. Nation-states do not evolve in isolation.
2. Empires? Ex. The Holy Roman Empire? These often have shifting borders. They are also a collection of different regions and policies
3. Broader Regions? Yeah, that’s the ticket (for Jones) Jones’ units
o Western Europe o As compared to Eastern Europe o the Ottoman Empire [and its predecessor (pre 1300) Muslim states
of the Near East] o India, especially the Mughal Empire o China, namely the Ming (late 1300’s – 1650) and Manchu (or
Qing) dynasties (1650 – 1912).
ECON 30423 Economic History of the Industrial Revolution John Lovett
II. Initial Thoughts re Jones and “Why Europe”
A. Jones is really big on natural disasters (I’m personally less so) i. Europe had easier to deal with natural disasters
o * Europeans had a lower risk planning environment. This meant it was easier to make long-term investments.
o European states became “service states” in their efforts to deal with natural disaster
o These “service states” evolved to become effective promoters of public infrastructure and economic development
ii. Asian states had much more severe natural disasters o This made long-run planning and investment less attractive o Asian states never developed into “service states”
B. For some reason, Asian rulers were more despotic and less restrained than European rulers o Jones was, and still is, often accused of exaggerating the differences
between Europe and Asia ii. Property is less secure the more despotic rulers are
iii. Incentives to invest are lower the more despotic rulers are iv. Incentives to innovate are lower the more despotic rulers are
III. So why did I pick Jones as a reading? # 1: Europe is geographically broken up into many natural “core areas”
A. A pan-European empire was, therefore, not very likely
B. Instead, a system of many, competing, states was the result
C. If one state picks bad policies, it won’t take the entire system down with it.
D. Because they are in a highly competitive environment, each state has an incentive to innovate in terms of government and economic policies
E. More states in a region mean more “experiments”. This, in turn, means the likelihood of a successful innovation, somewhere in the region, is higher.
F. If one state innovates successfully, others will have the ability and incentive to imitate it.
G. While Europe had several “natural cores”, most of these were large enough to allow for an efficient state
IV. So why else did I pick Jones as a reading? # 2:
For some reason, W. Europeans had “low pressure” demographics
A. Lower rates of marriage than Asia
B. Higher age of female at 1st marriage
C. Therefore lower overall fertility (Hajnal. 1965)
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V. A Brief, & Slightly Inaccurate, Timeline of European Medieval History
| --------------- “Dark Ages” --------------- | 400 AD 500 AD 600 AD 700 AD 800 AD 900 AD 1000 AD 1100 AD 1200 AD 1300 AD 1400 Fall of Rome Early Middle Ages High Middle Ages Late Middle Ages
Merovingian/Carolinian/Frankish Empires Viking & Magyar Raiders Rise of Nation‐States
VI. Some Important Medieval Technological Changes (mostly in the High Middle Ages)
A. The heavy plow (with mouldboard and sometimes wheeled) http://www.agrisupply.com/equipment-supplies/moldboards-c-4500022.php (Let’s buy one!!) http://www.youtube.com/watch?v=cnPaRgMNgv8 (horses video) http://www.youtube.com/watch?v=_RD7izDPV6E (oxen video) http://www.youtube.com/watch?v=Xf52ZemlY20 (tractor, reversible, multiple … & sandy soil)
B. 3 crop rotation replaces 2 crop rotation
i. 2 crop: 1 part planted, one part fallow
ii. 3 crop: 1 part planted in autumn with wheat or rye, 1 part in spring with
oats or peas, and 1 part fallow
C. The horse collar
Very, very, gradually, horses replace oxen (horses are faster plow
pullers … but they need oats, are higher maintenance and more
expensive)
D. Use of water mills to mill wheat, etc.
E. Some technological synergy or ratcheting, at least in Europe
before the heavy plough
ploughshare
co u l t e r
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VII. Political Changes (High & Late Middle Ages) A. 800 – 1000: very small feudal units … see below
iii. ?? Starting around 400 AD, markets shrank. Granting chunks of land to followers became the most important way for big
government’s (ex. Frankish empires) to get loyal followers.
iv. ?? Reaction to Viking raids (Jones & others)? Big political units (ex. the Frankish empires) couldn’t stop the lightning fast
raids, but local power could.
v. Dynastic based, often dispersed, and usually small
B. 1100 + rise of nation-states … see below
i. Fewer raiders come into Western and Central Europe.
ii. Rise of trade
iii. (John) Large siege weapons (ex. trebuchet), combined arms weapons and tactics, plus gunpowder, mean both offensive
and defensive warfare must be conducted on a larger and more coordinated scale.
A picture of France in 1388
Wikipedia. http://en.wikipedia.org/wiki/File:Apanages.svg. Retrieved 10‐Sep‐2013.
A picture of France in 1435.
Wikipedia. http://en.wikipedia.org/wiki/File:Hundred_years_war_france_england_1435.jpg.
ECON 30423 Economic History of the Industrial Revolution John Lovett
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The plains keep on going!
(just ask Napoleon or Hitler … although there are forests in
the North)
Possible Natural Geographic Cores
Based more on John’s natl defensive barriers than Jones’
agricultural cores.
500 miles
Po River Valley
HungarianPlain Lower
Danube
England
Florenceto Rome
Spain has a few small, “internal” mountain ranges
… but … broken up
by mountains
North Euro-pean Plain
a bit more broken up
than it appears
ECON 30423 Economic History of the Industrial Revolution John Lovett
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500 miles
Possible Natural
Geographic Cores
India has a few small, “internal” mountain ranges
a bit more broken up
than it appears
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China’s Landforms … maybe not as simple as Jones implies From: China Mike. (2014). Physical Maps of China. http://www.china-mike.com/china-travel-tips/tourist-maps/china-physical-map/. Retrieved 10-Sep-2014. But … I’m not sure where China Mike got this.
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VIII. And a wee bit on the Black Death (mid 1300’s) A. Europe was experiencing a pop increase up until the Black Death
B. Perhaps diminishing returns to land, i.e. Malthusian constraints would have soon limited growth of per capita GDP
C. The Black Death destroyed people, not land or capital. Perhaps, after the initial shock was over, the Black Death was crucial in
helping Europe maintain its advance in living standards and technology
IX. Technological progress in Europe seems to have been accelerated by the Renaissance (1400’s) and Reformation (1500’s)
A. ex. the printing press ( 1450)
B. and the printing press was more than just another example of technological progress
iv. “Knowledge has been remarked as a curious factor of production, for it is not diminished by being used as physical resources are. The stock of knowledge now began to build up in books and libraries.” (Jones. 61)
v. “The ratchet effect so evident in western progress owed much to the superior means of storing and disseminating information.” (Jones. 62).
A wheeled Heavy plow
with mouldboard
(what a funky way to yoke oxen)
mould- board
Normally, I’d be using 2 to 8 oxen & it’d take 2 people to plow. One person guides the oxen
& one guides the plow. Unfortunately, my buddy Hans is at home watching football and
drinking beer … with the other oxen.