We advance the hypothesis that cultural values such as high work ethic and thrift, “the Protestant ethic” according to MaxWeber, may have been diffused long before the Reformation, thereby importantly affecting the pre-industrial growth record. The source of pre-Reformation Protestant ethic,...

Is a lack of domestic energy resources necessarily a limiting factor to growth, as suggested for example by the work of Robert C. Allen? We examine the case of Denmark -- a country which historically had next to no domestic energy resources -- for which we present new historical energy accounts...

We explore the role of elites for development and in particular for the spread of cooperative creameries in Denmark in the 1880s, which was a major factor behind that country's rapid economic catch-up. We demonstrate empirically that the location of early proto-modern dairies, so-called...

We hypothesize that cultural appreciation of hard work and thrift,the Protestant ethic according to Max Weber,had a pre-Reformation origin.The proximate source of these values was,according to the proposed theory,the Catholic Order of Cistercians.In support,we first document an impact from the...