Construct · 1 fields · 1 citations

North-Weingast thesis: a standalone construct

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Economic history

the argument that the Glorious Revolution limited the Crown and made its promises to repay debt credible, enabling England's financial rise.

In economic history, North-Weingast thesis refers to the argument that the Glorious Revolution limited the Crown and made its promises to repay debt credible, enabling England's financial rise. This meaning comes from North (1989) in The Journal of Economic History.[1]

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Nearby constructs

argument3 fields · 3 citationsjingle · one word, three constructs crown2 fields · 2 citationsjingle · one word, two constructs debt3 fields · 3 citationsjingle · one word, three carriers

References

North, D. C., & Weingast, B. R. (1989). Constitutions and Commitment: The Evolution of Institutions Governing Public Choice in Seventeenth-Century England. The Journal of Economic History, 49(4), 803-832. https://doi.org/10.1017/s0022050700009451

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