Article: Guinnane, Timothy W., William A. Sundstrom, and Warren C. Whatley, eds. History Matters: Essays on Economic Growth, Technology, and Demographic Change.(Book Review)

Guinnane, Timothy W., William A. Sundstrom, and Warren C. Whatley, eds. History Matters: Essays on Economic Growth, Technology, and Demographic Change Palo Alto, CA: Stanford University Press 528 pp., $65.00, ISBN 0-8047-4398-3 Publication Date: July 2003

The work of Paul David, whom this collection of essays honors, exemplifies that history matters, context matters, and evidence matters.

The first of the themes, in its more technical guise of path dependence, is surely one of the major new ideas in economics in the past quarter century and one of the few to suggest the indispensability of a historical perspective. Through a series of articles on many ...

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