Revolution, Restoration, and Debt Repudiation: The Jacobite Threat to England's Institutions and Economic Growth

Interest-group analysis in economic history and the history of economic thought

“…To date no such effort has been forthcoming (Ekelund and Tollison 1997a). The theory proposed by Ekelund and Tollison has the power of explaining real-world events in terms of self-interested motives and political processes (Wells and Wills 2000). It is based on economic foundations, not on ideational "slight of hand," as often invoked by general historians, sociologists and economic historians who reject the postulates of rational behavior and scientific method.…”

The East Indian Monopoly and the Transition from Limited Access in England, 1600-1813

“…It was to last 15 years, except if the 2 See North, Wallis, Webb, and Weingast (2012) and Franke and Quintyn (2014) for some examples. 3 North and Weingast (1989), Acemoglu, Johnson, and Robinson (2005), Pincus (2009), Cox (2011Cox ( , 2012, Clark (1996), Zahedieh (2010), Sussman and Yafeh (2006), Mokyr (2009), Stasavage (2003), Broz and Grossman (2004), Quinn (2001), Wells and Wills (2000), Klerman and Mahoney (2005), and Carruthers (1999).…”

War, Moral Hazard, and Ministerial Responsibility: England After the Glorious Revolution

“…In Tomz's model, there are two states of the world that the king might face: 1 Stasavage's point is a specific example of a more general point in veto player theory: that multiplying veto points deters actions only to the extent that the occupants of those veto points have differing preferences (Cox and McCubbins 2001;Tsebelis 2002). 2 I do not consider other criticisms of North and Weingast's thesis, such as those implicit or explicit in Brewer (1990), Wells and Wills (2000), or Sussman and Yafeh (2006), except for a limited discussion of O'Brien (2001,2005). tough times and good times.…”