Readings:
- Peter Temin (2002), "The Golden Age of European Growth Reconsidered," European Review of Economic History 6, pp. 33-22. http://www.international.ucla.edu/cms/files/Temin.pdf
- Barry Eichengreen, "Institutions and Economic Growth in Postwar Europe: Evidence and Conjectures" (with Pablo Vazquez), http://www.econ.berkeley.edu/~eichengr/research/vanark.pdf
- Paul Krugman, "Introduction" to John Maynard Keynes, The General Theory of Employment, Interest and Money http://www.pkarchive.org/economy/GeneralTheoryKeynesIntro.html
Question:
After World War II nearly everything went right for Western Europe--just as nearly everything had gone wrong for Western Europe starting in 1914. What, in your view, is the factor that was key but that is relatively unappreciated in making everything go right?
