Gregory Clark Knihy

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Suggests that social mobility rates are lower than normally estimated, do not vary across societies, and are resistant to social policies by examining surnames from modern Sweden, fourteenth-century England, and Qing Dynasty China.

"How much of our fate is tied to the status of our parents and grandparents? How much does this influence our children? More than we wish to believe! While it has been argued that rigid class structures have eroded in favor of greater social equality, The Son Also Rises proves that movement on the social ladder has changed little over eight centuries. Using a novel technique -- tracking family names over generations to measure social mobility across countries and periods -- renowned economic historian Gregory Clark reveals that mobility rates are lower than conventionally estimated, do not vary across societies, and are resistant to social policies. The good news is that these patterns are driven by strong inheritance of abilities and lineage does not beget unwarranted advantage. The bad news is that much of our fate is predictable from lineage. Clark argues that since a greater part of our place in the world is predetermined, we must avoid creating winner-take-all societies."--Jacket.

Do economists from the World Bank and the International Monetary Fund operate under a mistaken notion of the causes of economic growth? In "A Farewell to Alms," Gregory Clark presents the provocative thesis that the wealth and poverty of nations are determined not by geographical factors, labor resources, or natural wealth, but by culture. The author demonstrates that only societies with a long history of settled life, which have developed effective institutions ensuring security, are capable of sustainable economic development. "A Farewell to Alms" is a compelling and sobering challenge to the belief that poor societies can achieve economic growth through external intervention, potentially changing the way we think about the economic history of the world.

What caused the Industrial Revolution? Gregory Clark offers a compelling explanation for this transformative event that reshaped human life after millennia of stagnation. He posits that the Industrial Revolution resulted from a form of natural selection during the pre-industrial era, where economically successful families also had greater reproductive success. These families passed down productive traits such as foresight, thrift, and a strong work ethic to their descendants. Clark's thesis challenges conventional explanations that focus on ideological, technological, or institutional changes, and it is likely to spark debate among historians for years to come. His work appeals to a broad audience by questioning the prevailing notion that institutions alone determine wealth in societies. While some may disagree with Clark, his thought-provoking approach encourages readers to reconsider established ideas. As an economic historian, he engages with economists without relying on overly complex models, making his insights accessible. This book is poised to become a foundational text on economic development, prompting further research and discussion. Clark's views on imperialism and the benefits of industrialization for labor are sure to provoke strong reactions. Overall, he provides a long-term perspective on the Industrial Revolution, offering significant contributions to the field without excessive detail.