Ulrich Blum|Léonard Dudley
Religion and economic growth: was Weber right?
evidence falling wages catholic cities rising wages protestant cities 1500 1750 spread literacy vernacular inconsistent theoretical models economic growth protestant ethic weber suggested alternative explanation based culture theoretical model confirms small change subjective cost cooperating strangers generate profound transformation trading networks explaining urban growth earlymodern europe specifications compatible humancapital versions neoclassical model endogenousgrowth theory rejected favor smallworld formulation based weber thesis