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The Great Divergence or European miracle is the socioeconomic shift in which the Western world (i.e. Western Europe and the parts of the New World where its people became the dominant populations) overcame pre-modern growth constraints and emerged during the 19th century as the most powerful and wealthy world civilizations, eclipsing previously ...
The Great Divergence: China, Europe, and the Making of the Modern World Economy is a 2000 nonfiction book by Kenneth Pomeranz, published by Princeton University Press, [1] on the subject of Great Divergence in the world history. [2] The book won the John K. Fairbank Prize for 2000. [3] It was a joint winner for World History Association Book ...
The reversal of the great compression has been called "the Great Divergence" by Krugman and is the title of a Slate article and book by Timothy Noah. [9] Krugman also notes that era before the Great Divergence was one not only of relative equality but of economic growth far surpassing the "Great Divergence". [10]
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The Great Divergence Kenneth Pomeranz , FBA (born November 4, 1958) is University Professor of History at the University of Chicago . [ 1 ] He received his B.A. from Cornell University in 1980, where he was a Telluride Scholar , [ 2 ] and his Ph.D. from Yale University in 1988, where he was a student of Jonathan Spence . [ 3 ]
The Great Divergence contrasts with the "Great Prosperity" or Golden Age of Capitalism, where from the late 1940s to mid 1970s, at least for workers in the advanced economies, economic growth had delivered benefits broadly shared across the earnings spectrums, with inequality falling as the poorest sections of society increased their incomes at ...
Hugh Trevor-Roper wrote a glowing review in The New York Times Book Review. [5] McNeill's Rise of the West won the U.S. National Book Award in History and Biography in 1964. [2] and was named one of the 100 Best Nonfiction Books of the 20th century by the Modern Library. [6]
The 'cultural thesis' or Protestant work ethic of Max Weber, whereby the values imposed by the Protestant religion on its adherents would have pushed them to value hard work, timeliness, enterprise, free market and free-thinking to a much greater extent than for their Catholic brethren, which would explain the great success of northern ...