Adam Sevcik

38%
Flag icon
So far we have emphasized how the Glorious Revolution transformed English political institutions, making them more pluralistic, and also started laying the foundations for inclusive economic institutions. There is one more significant change in institutions that emerged from the Glorious Revolution: Parliament continued the process of political centralization that was initiated by the Tudors. It was not just that constraints increased, or that the state regulated the economy in a different way, or that the English state spent money on different things; but also the capability and capacity of ...more
Why Nations Fail: The Origins of Power, Prosperity, and Poverty
Rate this book
Clear rating
Open Preview