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Merchants and Mechanics

Exploring the History of Economic Growth

Category: social institutions

The Social Foundations of Islamic Science

The Social Foundations of Islamic Science

April 3, 2018August 10, 2025 Posted in history of science, social institutions

Islamic science was accelerated by the translation movement. It was also shaped by Islam’s reaction to Greek philosophy.

Why was Science So Successful in Europe?

Why was Science So Successful in Europe?

March 5, 2018May 11, 2025 Posted in history of science, political institutions, property rights, social institutions

The rapid progress of European science was not inevitable. It was facilitated by Europe’s legal institutions, in particular, by the concept of jurisdiction.

Economic Ideology and the Glorious Revolution

Economic Ideology and the Glorious Revolution

January 29, 2018January 6, 2024 Posted in economic institutions, history of economic growth, history of trade and commerce, political institutions, property rights, social institutions

At the time of the Glorious Revolution, an ideology that emphasized the value of labour pushed aside an ideology that justified the power of the landowners.

The Enlightenment in Britain and France

The Enlightenment in Britain and France

January 25, 2018December 11, 2024 Posted in social institutions

Enlightenment philosophy changed the way in which people understood their place in the world, but the British and the French changed in very different ways.

A History of Religious Toleration

A History of Religious Toleration

January 24, 2018September 3, 2024 Posted in political institutions, social institutions

The struggle for religious toleration began in the sixteenth century. Its advocates risked their livelihoods, their freedom, and even their lives.

The Nineteenth-Century Rules for Growth

The Nineteenth-Century Rules for Growth

December 15, 2017March 8, 2025 Posted in history of economic growth, history of trade and commerce, political institutions, social institutions

Britain’s first-mover advantage meant that other countries could not compete with it under free markets. They responded with a variety of protective policies.

The Transformation of Japan after the Meiji Restoration

The Transformation of Japan after the Meiji Restoration

December 5, 2017August 25, 2024 Posted in history of economic growth, history of science, history of technology, history of trade and commerce, social institutions

Japan was a feudal economy in 1868. Over the next few decades it completely transformed itself to become one of the leading nations of the world.

Property and Property Rights: A History

Property and Property Rights: A History

November 10, 2017December 28, 2022 Posted in economic institutions, political institutions, property rights, social institutions

The Western concept of property has been influenced by such thinkers as John Locke, James Madison, John Stuart Mill, and Friedrich Hayek.

The Doctrines of Nineteenth-Century Socialism

The Doctrines of Nineteenth-Century Socialism

October 22, 2017August 13, 2025 Posted in economic institutions, political institutions, social institutions

Socialist ideas first appeared in the early 1800s. Saint-Simon, Sismondi, Fourier and Marx were among their early expositors and proponents.

The Political Impact of Nineteenth-Century Socialism

The Political Impact of Nineteenth-Century Socialism

October 21, 2017May 14, 2025 Posted in economic institutions, political institutions, social institutions

Socialist and communist political parties were active by 1870. The most successful Marxist party, Germany’s SPD, was the largest party in the Reichstag by 1914.

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