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A Culture of Growth

The Origins of the Modern Economy
Summary:

The book explores the cultural factors and intellectual changes in Europe between 1500 and 1700 that laid the groundwork for the Industrial Revolution and the sustained economic growth that followed. It examines the rise of a belief in progress and the critical role played by the exchange of knowledge and ideas in fostering the conditions necessary for the modern economy to emerge.

Key points:

1. Cultural Beliefs: Mokyr highlights the role of 16th and 17th-century European cultural shifts in driving the Industrial Revolution.

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