15 Questions
Which of the following works discusses the economic effects of slavery in the United States?
Bleakley and Rhode: The Economic Effects of American Slavery, Redux
Which work explores the influence of patent laws on innovation?
Moser: How Do Patent Laws Influence Innovation
Which of the following works discusses the social state of Anglo-Americans from an outsider's perspective?
Tocqueville: The Social State of the Anglo-Americans
Which work examines the economic policies of the United States in the 1790s?
Founding Choices: American Economic Policy in the 1790s by Irwin and Sylla
Which work explores the role of banks in American politics?
Hammond: Banks and Politics in America
What is the role of factor endowments in the development of early institutions?
Influence the initial level of inequality, which in turn affects early institutions
What type of colonies were more likely to have bad modern institutions and low levels of prosperity?
Colonies with large indigenous populations
According to Engerman and Sokoloff, what factor determines the course of society?
The early institutions developed based on factor endowments
Why do colonies with precious metals and large indigenous populations tend to have high inequity?
Because of the extraction of minerals with high native labor involvement
In Engerman and Sokoloff's framework, what is the relationship between early institutions and modern levels of prosperity?
Early institutions directly determine modern prosperity levels
What is the significance of settler mortality on current economic performance according to AJR's research?
It affects current economic performance through its impact on early institutional development
Why did colonization strategy, as discussed in AJR's research, vary between extractive states and neo-European states?
Due to differences in settler mortality rates
What is the causal chain proposed by AJR regarding settler mortality and modern economic performance?
'+settler mortality -> patterns of settlement -> early institutions -> later institutions'
Why are mortality rates faced by soldiers, bishops, and sailors in the colonies significant according to AJR?
They correlate with early measures of institutional quality
What other factors, apart from settler mortality, may have influenced colonization decisions as mentioned in AJR's research?
Access to food and resources
Test your knowledge on various works related to economic development, including topics like colonial origins, American economics policy, property rights, and the economic effects of slavery and copyrights.
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