Two paths to prosperity culture and institutions in europe and china 1000 2000: In this landmark book, three leading economists offer a bold new account of why Europe and China evolved along such different trajectories. In the early Middle Ages, public goods like risk sharing, religious worship, education, and conflict resolution were provided by nonstate organizations in both societies.
China increasingly relied on kin-based cooperation within clans, while weaker kinship ties in Europe gave rise to corporations such as guilds, universities, and self-governing towns. Despite performing similar functions, clans and corporations were built on very different principles—with lasting consequences until today.
Providing a novel answer to a fundamental question in economic and political history, Two Paths to Prosperity shows how extended kinship in Chinese society facilitated the consolidation of autocracy and hindered innovation and economic development, and how corporations in Europe influenced emerging state institutions and set the stage for the Industrial Revolution.
About two paths to prosperity culture and institutions in europe and china 1000 2000
| Book Name | Two Paths to Prosperity: Culture and Institutions in Europe and China, 1000–2000 |
| Author | Avner Greif |
| Format | |
| Size | mb |
| Pages | 368 |
| Language | English |
| Release date | November 4, 2025 |
| free audio book | free kindle book |
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