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- W2186024699 abstract "What are the implications of an oligarchic political regime for economic development? This is a question of current relevance, and it is also one where historical precedent may provide important insight. Since at least the time of Max Weber, scholars have claimed that the presence of politically autonomous cities, controlled by merchant oligarchies, helped lead to Europes economic rise. But others suggest that autonomous cities were a hindrance to growth because oligarchic rule resulted in restrictions that stied innovation and trade. These contrasting views mirror the positions in more general debates about oligarchy and growth. I present new evidence and a new interpretation that reconcile the two opposing views of city autonomy. I show that politically autonomous cities tended to initially have higher population growth rates than non-autonomous cities, but over time this situation reversed itself as politically autonomous cities became stagnant. This may have important implications for the time path for growth in oligarchies more generally. My evidence also suggests why autonomous cities eventually died out as a form of political organization. Instead of military weakness, it may have been their oligarchic governance that condemned them to become obsolete. JEL Codes: H11, N43, 040, P48" @default.
- W2186024699 created "2016-06-24" @default.
- W2186024699 creator A5020973086 @default.
- W2186024699 date "2012-01-01" @default.
- W2186024699 modified "2023-09-27" @default.
- W2186024699 title "Was Weber Right? City Autonomy, Political Oligarchy, and the Rise of Europe" @default.
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