For most of human history, it was very hard to determine whether what someone told us was true. Should we believe them? The answer came down to several factors: does the claim make sense with what we already believed to … Continue reading →
What happened in 17th century England (a lot) - Marginal REVOLUTION
East India Company founded — 1600 Shakespeare – Hamlet published 1603 England starting to settle America – 1607 in Virginia, assorted, you could add Harvard here as well King James Bible – 1611 The beginnings of steady economic growth – 1620 (Greg Clark, JPE) Rule of law ideas, common law ideas, Sir Edward Coke – […]
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