Btw 1865 and 1879 Germany experienced a globalization shock I+x/gdp surged from 20 to 38.5% at same time the cost of leasing land v. Wages plunged.
Really fundamental stuff this from Pfister. IN new volume on economic history of German unification. https://t.co/bfIKLVWOW0
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…