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Reason

Stephen Davies

What Causes Capitalism?

Deirdre McCloskey Joel Mokyr Karl Marx Douglass North

The Wealth of a Nation: Institutional Foundations of English Capitalism, by Geoffrey M. Hodgson, Princeton University Press, 304 pages, $39.95

A galaxy of brilliant scholars have tried to account for the economic transformation of England in the 18th and early 19th centuries—the period that began the Great Enrichment that created the modern world. What could Geoffrey M. Hodgson's The Wealth of a Nation add to this mountain of scholarship and disputation?

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