Good piece. Any thoughts on Pincus's view of 1688? He basically concedes that William's ascension didn't do much for property rights or interest rates, but argues it shifted equilibrium political power toward pro-war Whigs and manufacturing interests, resulting in pro-growth policies like the Bank of England and infrastructure investment
Good piece. Any thoughts on Pincus's view of 1688? He basically concedes that William's ascension didn't do much for property rights or interest rates, but argues it shifted equilibrium political power toward pro-war Whigs and manufacturing interests, resulting in pro-growth policies like the Bank of England and infrastructure investment