Book notes: The wealth of a nation, by George Hodgson

A deep dive into the economic and institutional transformations that supported the rise of English capitalism

Wealth of a Nation by George Hodgson

George Hodgson, The wealth of a nation: institutional foundations of English capitalism, Princeton University Press, 2023, 304 pages

Geoffrey Hodgson critically examines the role of legal and financial institutions in the 17th and 18th centuries, particularly how they underpinned the dramatic economic changes leading to and during the Industrial Revolution.

Hodgson challenges traditional narratives that emphasise technology or cultural factors alone, pointing out the crucial role of war and

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