David S. Landes

Bio: David S. Landes is an academic researcher from Harvard University. The author has contributed to research in topics: Entrepreneurship & Industrial Revolution. The author has an hindex of 24, co-authored 56 publications receiving 7989 citations. Previous affiliations of David S. Landes include University of York.

The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor

Abstract: Now that the old division of the world into the two power blocs of East and West has subsided, the great gap in wealth and health that separates North and South remains the single greatest problem and danger facing the world of the Third Millennium. The only challenge of comparable scope and difficulty is the threat of the environmental deterioration, and the two are intimately connected, indeed are one. David Landes argues that the North-South division is the great drama of our times, and that drama implies tension, passion, conflict and disappointment as well as happy outcomes. While Landes does not claim to have all the answers, he offers suggestions - although their impact is dependent upon a radical reappraisal of cultural values. Numerous historical examples are drawn together on global history, economics and the future.

The Unbound Prometheus: Technological Change and Industrial Development in Western Europe from 1750 to the Present

Abstract: Preface to the new edition Preface to the original edition 1. Introduction 2. The industrial revolution in Britain 3. Continental emulation 4. Closing the gap 5. Short breath and second wind 6. The interwar years 7. Reconstruction and growth since 1945 8. Conclusion 9. Epilogue Index.

The Unbound Prometheus

Abstract: For over thirty years David S. Landes's The Unbound Prometheus has offered an unrivalled history of industrial revolution and economic development in Europe. Now, in this updated edition, the author reframes and reasserts his original arguments in the light of debates about globalisation and comparative economic growth. The book begins with a classic account of the characteristics, progress, and political, economic and social implications of the Industrial Revolution in Britain, France and Germany. Professor Landes here raises the much-debated question: why was Europe the first to industrialise? He then charts the economic history of the twentieth-century: the effect of the First World War in accelerating the dissolution of the old international economy; the economic crisis of 1929–32; Europe's recovery and unprecedented economic growth following the Second World War. He concludes that only by continuous industrial revolution can Europe and the world sustain itself in the years ahead.

The Unbound Prometheus

Abstract: For over thirty years David S. Landes's The Unbound Prometheus has offered an unrivalled history of industrial revolution and economic development in Europe. Now, in this updated edition, the author reframes and reasserts his original arguments in the light of debates about globalisation and comparative economic growth. The book begins with a classic account of the characteristics, progress, and political, economic and social implications of the Industrial Revolution in Britain, France and Germany. Professor Landes here raises the much-debated question: why was Europe the first to industrialise? He then charts the economic history of the twentieth-century: the effect of the First World War in accelerating the dissolution of the old international economy; the economic crisis of 1929–32; Europe's recovery and unprecedented economic growth following the Second World War. He concludes that only by continuous industrial revolution can Europe and the world sustain itself in the years ahead.

The Colonial Origins of Comparative Development: An Empirical Investigation

Abstract: In Acemoglu, Johnson, and Robinson, henceforth AJR, (2001), we advanced the hypothesis that the mortality rates faced by Europeans in different parts of the world after 1500 affected their willingness to establish settlements and choice of colonization strategy. Places that were relatively healthy (for Europeans) were—when they fell under European control—more likely to receive better economic and political institutions. In contrast, places where European settlers were less likely to go were more likely to have “extractive” institutions imposed. We also posited that this early pattern of institutions has persisted over time and influences the extent and nature of institutions in the modern world. On this basis, we proposed using estimates of potential European settler mortality as an instrument for institutional variation in former European colonies today. Data on settlers themselves are unfortunately patchy—particularly because not many went to places they believed, with good reason, to be most unhealthy. We therefore followed the lead of Curtin (1989 and 1998) who compiled data on the death rates faced by European soldiers in various overseas postings. 1 Curtin’s data were based on pathbreaking data collection and statistical work initiated by the British military in the mid-nineteenth century. These data became part of the foundation of both contemporary thinking about public health (for soldiers and for civilians) and the life insurance industry (as actuaries and executives considered the

The quality of government

Abstract: We investigate empirically the determinants of the quality of governments in a large cross-section of countries. We assess government performance using measures of government intervention, public sector efficiency, public good provision, size of government, and political freedom. We find that countries that are poor, close to the equator, ethnolinguistically heterogeneous, use French or socialist laws, or have high proportions of Catholics or Muslims exhibit inferior government performance. We also find that the larger governments tend to be the better performing ones. The importance of (reasonably) exogenous historical factors in explaining the variation in government performance across countries sheds light on the economic, political, and cultural theories of institutions.

Why Nations Fail: The Origins of Power, Prosperity, and Poverty

Abstract: In the West are the 'haves', while much of the rest of the world are the 'have-nots'. The extent of inequality today is unprecedented. Drawing on an extraordinary range of contemporary and historical examples, Why Nations Fail looks at the root of the problems facing some nations. Economists and scientists have offered useful insights into the reasons for certain aspects of poverty, such as Jeffrey Sachs (it's geography and the weather), and Jared Diamond (it's technology and species). But most theories ignore the incentives and institutions that populations need to invest and prosper: they need to know that if they work hard, they can make money and actually keep it - and the key to ensuring these incentives is sound institutions. Incentives and institutions are what separate the have and have-nots. Based on fifteen years of research, and stepping boldly into the territory of Ian Morris's Why the West Rules - For Now, Daron Acemoglu and James Robinson blend economics, politics, history and current affairs to provide a new, persuasive way of understanding wealth and poverty. And, perhaps most importantly, they provide a pragmatic basis for the hope that those mired in poverty can be placed on the path to prosperity.