by Alexander Tepper and Karol Jan Borowiecki – Federal Reserve Bank of New York
What determines the fastest rate at which the population can grow without engendering declining living standards? This post studies Britain at the time of the Industrial Revolution. What caused technology all of a sudden to lead to sustainable per capita income growth?
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Accounting for Breakout in Britain: The Industrial Revolution through a Malthusian Lens
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source: http://www.newyorkfed.org/research/staff_reports/sr639.html