Description
Book SynopsisFew events in the history of humanity rival the Industrial Revolution. This title offers an account of how dramatic changes in institutions - the formal and informal rules that govern a society - resulted from the unprecedented economic development that took place during the Industrial Revolution.
Trade Review"Douglas W. Allen has written a brilliant and challenging book that puts the measurement problem in the foreground to convincingly explain the logic of pre-modern institutions-institutions that the typical modern person, until reading Allen, views as the embodiment of chaos, inefficiency, corruption, and ineptitude. The Institutional Revolution contains a wealth of historical information that anyone with an interest in history will find interesting and often delightful." -Thrainn Eggertsson, New York University"
