collected snippets of immediate importance...


Sunday, July 22, 2012

acemoglu et. al., the consequences of radical reform (2009)

(4) effects of FR were positive, but didn't show up till 1850 [mechanisms in this argument are essentially Smithian--freeing of people from 'fetters']

(5) Radical reforms can be more efficacious than limited reforms [responding to Burkean wisdom]

(7) [Terrible lit review!]

(9) Guild restrictions as 'fetters'

(13) in most places Napoleon made 'a genunine attempt' to implement reforms

(22) postivie effects started showing by 1900, process kicked in by 1850 [difficulty is that there were a series of political upheavals before this--admittedly, they attempt to control for varoius things. but they don't control for impact of 1848 rev. too much happens in the interim]

(31) [Data hardly supports the notions that fetters were 'burst']

 

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