This book brings together a group of leading economic historians to examine how institutions, innovation, and industrialization have determined the development of nations. Presented in honor of Joel Mokyr—arguably the preeminent economic historian of his generation—these wide-ranging essays address a host of core economic questions. What are the origins of markets? How do governments shape our economic fortunes? What role has entrepreneurship played in the rise and success of capitalism? Tackling these and other issues, the book looks at coercion and exchange in the markets of twelfth-century China, sovereign debt in the age of Philip II of Spain, the regulation of child labor in nineteenth-century Europe, meat provisioning in pre–Civil War New York, aircraft manufacturing before World War I, and more. The book also features an essay that surveys Mokyr's important contributions to the field of economic history, and an essay by Mokyr himself on the origins of the Industrial Revolution. In addition to the editors, the contributors are Gergely Baics, Hoyt Bleakley, Fabio Braggion, Joyce Burnette, Louis Cain, Mauricio Drelichman, Narly Dwarkasing, Joseph Ferrie, Noel Johnson, Eric Jones, Mark Koyama, Ralf Meisenzahl, Peter Meyer, Joel Mokyr, Lyndon Moore, Cormac Ó Gráda, Rick Szostak, Carolyn Tuttle, Karine van der Beek, Hans-Joachim Voth, and Simone Wegge.

World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.

Winner of the Philippine National Book Award, this pioneering volume reveals how the power of the country's family-based oligarchy both derives from and contributes to a weak Philippine state. From provincial warlords to modern managers, prominent Filipino leaders have fused family, politics, and business to compromise public institutions and amass private wealth--a historic pattern that persists to the present day. Edited by Alfred W. McCoy, An Anarchy of Families explores the pervasive influence of the modern dynasties that have led the Philippines during the past century. Exemplified by the Osmeñas and Lopezes, elite Filipino families have formed a powerful oligarchy--controlling capital, dominating national politics, and often owning the media. Beyond Manila, strong men such as Ramon Durano, Ali Dimaporo, and Justiniano Montano have used "guns, goons, and gold" to accumulate wealth and power in far-flung islands and provinces. In a new preface for this revised edition, the editor shows how this pattern of oligarchic control has continued into the twenty-first century, despite dramatic socio-economic change that has supplanted the classic "three g's" of Philippine politics with the contemporary "four c's"--continuity, Chinese, criminality, and celebrity.

A volume of essays offering accounts of national experience during the Industrial Revolution in Europe and the USA.

This volume has three main themes. First, there is the concept of the Industrial Revolution and its main characteristics, and the author defends both the term and the notions behind it against attempts to play down their significance. A particular interest is the comparison of what happened to Britain with similar processes in other European countries. The second theme is the set of problems facing the early entrepreneurs and managers. Their difficulties, as pioneers in the economic as well as the social sphere, are often underrated, and are here explored in detail. Last, there is an emphasis on the characteristic feature of industrialisation as a regional phenomenon, and on the significance of particular regions in the entire process. All three themes have called forth extended debate, in which these essays have played an important part.