Why is modern society capable of cumulative innovation? In A Culture of Growth: The Origins of the Modern Economy, Joel Mokyr persuasively argues that sustained technological progress stemmed from a change in cultural beliefs. The change occurred gradually during the seventeenth and eighteenth...

This paper discusses the historical and social origins of the bifurcation in the political institutions of China and Western Europe. An important factor, recognized in the literature, is that China centralized state institutions very early on, while Europe remained politically fragmented for...

Why did the industrial revolution occur in Europe and not in China, despite China being well ahead of Europe in terms of economic and technological achievements several centuries earlier? We revisit this long-standing question from a new perspective. We emphasize the importance of the different...