August, 2019

Political Economy

  • Mark Koyama

    Senior Fellow, F. A. Hayek Program for Advanced Study in Philosophy, Politics and Economics
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Read the chapter at Springer.

This chapter surveys research on political economy in economic history. It discusses the integration of the public choice/political economy approaches with economic history. It provides a thematic survey of topics such as the origins of the state, different regime types, labor coercion, warfare, religion, and state capacity. The chapter also provides detailed illustrations of how economic historians have investigated specific historical episodes such as the Glorious Revolution, French Revolution, the consequences of European empires, and the rise of democracy.