Research Program

How I arrived at my research program

A brief review of the literature on economic development and growth (PDF)

Why conventional economic theory is of limited help in understanding economic development and growth: value and exchange (PDF)

Book Manuscripts

Comments welcome! In particular, if you catch errors of fact, see
flaws in the analysis, or find passages unclear, I would be most
grateful if you would let me know.
Please email me at mkohn@dartmouth.edu

Commerce, predation, and production: a new theory of economic progress
(replaces “How and Why Economies Develop and Grow: Lessons from Preindustrial Europe and China”)

The Origins of Western Economic Success: Commerce, Finance, and Government in Preindustrial Europe

Related Working Papers

A Finance Approach to Understanding Patterns of Land Tenure (PDF)
Payments and the Development of Finance in Preindustrial Europe (PDF)

Other Working Papers

An Empirical Measure of Asset Liquidity (PDF)
The Financial Constraint Theory of Money: A Progress Report (PDF)
Foster and Catchings and the Pollack Prize Essays:A window in the Monetary theory of 1920s (PDF)