Publisher:
CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany
This essay explores the deepest roots of comparative economic development. It underscores the significance of evolutionary processes since the Neolithic Revolution in shaping a society's endowment of fundamental traits, such as predisposition towards...
more
ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
Signature:
DS 63
Inter-library loan:
No inter-library loan
This essay explores the deepest roots of comparative economic development. It underscores the significance of evolutionary processes since the Neolithic Revolution in shaping a society's endowment of fundamental traits, such as predisposition towards child quality, time preference, loss aversion, and entrepreneurial spirit, that have contributed to differential paths of technological progress, human-capital formation, and economic development across societies. Moreover, it highlights the indelible mark of the exodus of Homo sapiens from Africa tens of thousands of years ago on the degree of interpersonal population diversity across the globe and examines the impact of this variation in diversity for comparative economic, cultural, and institutional development across countries, regions, and ethnic groups.