A Farewell to Alms Book Summary

In "A Farewell to Alms," economist Gregory Clark delves into the surprising dynamics of economic growth and social change, tracing humanity's journey from poverty to prosperity. Through a compelling mix of historical analysis and innovative research, he argues that culture, rather than mere resources, played a pivotal role in shaping economic outcomes. Clark challenges the conventional wisdom of the Industrial Revolution, revealing how deep-seated behaviors and social norms influenced wealth accumulation. With each chapter, readers are taken on a thought-provoking exploration of how our ancestral past continues to shape modern economies. Prepare to rethink everything you know about wealth, progress, and the human experience!

By Gregory Clark

Published: 2008

"In the long run, it is not the size of the population but the wealth of the individuals that matters."

A Farewell to AlmsBook binding

Start Listening to Book Summary

0:000:00

Book Review of A Farewell to Alms

Why are some parts of the world so rich and others so poor? Why did the Industrial Revolution--and the unprecedented economic growth that came with it--occur in eighteenth-century England, and not at some other time, or in some other place? Why didn't industrialization make the whole world rich--and why did it make large parts of the world even poorer? In A Farewell to Alms, Gregory Clark tackles these profound questions and suggests a new and provocative way in which culture--not exploitation, geography, or resources--explains the wealth, and the poverty, of nations. Countering the prevailing theory that the Industrial Revolution was sparked by the sudden development of stable political, legal, and economic institutions in seventeenth-century Europe, Clark shows that such institutions existed long before industrialization. He argues instead that these institutions gradually led to deep cultural changes by encouraging people to abandon hunter-gatherer instincts-violence, impatience, and economy of effort-and adopt economic habits-hard work, rationality, and education. The problem, Clark says, is that only societies that have long histories of settlement and security seem to develop the cultural characteristics and effective workforces that enable economic growth. For the many societies that have not enjoyed long periods of stability, industrialization has not been a blessing. Clark also dissects the notion, championed by Jared Diamond in Guns, Germs, and Steel, that natural endowments such as geography account for differences in the wealth of nations. A brilliant and sobering challenge to the idea that poor societies can be economically developed through outside intervention, A Farewell to Alms may change the way global economic history is understood.

Book Overview of A Farewell to Alms

About the Book Author

G

Gregory Clark

Gregory Clark is an esteemed economist and historian known for his innovative research on economic history and social mobility. He is a professor at the University of California, Davis, where he focuses on the interplay between historical institutions and modern economic performance. Clark gained widespread recognition for his influential book, "A Farewell to Alms," which explores the causes of the Industrial Revolution and its impact on economic inequality. His work often combines insights from historical data with rigorous economic analysis, challenging conventional narratives. In addition to his academic contributions, Clark is a sought-after speaker and has published numerous articles in prestigious journals, further establishing his reputation in the field.

Book Details

Key information about the book.

Authors
Gregory Clark
Published
December 2008
Publisher
Princeton University Press
ISBN
1400827817
Language
English
Pages
433
Genres
HistoryBusiness and EconomicsEconomic PolicyCultural History

Purchase Options

Amazon logoBuy on Amazon
BookShop logoBuy via BookShop

Support local bookstores: BookShop gives a portion of each sale to independent bookshops!

Similar books you might like →

The Lessons of HistoryBook binding

The Lessons of History Book Summary

In "The Lessons of History," Will and Ariel Durant distill the sweeping narrative of human civilization into profound insights that span cultures and epochs. They explore the recurring themes of war, economics, religion, and human nature that shape our collective journey. With razor-sharp clarity, the Durants argue that the past holds invaluable lessons that can guide our present and future decisions. What patterns emerge when we closely examine the ebb and flow of societies? This thought-provoking work invites readers to reflect on the intricacies of humanity's story and consider how we might navigate the path ahead.

The Lessons of History
Will Durant, Ariel Durant
The History of the FutureBook binding

The History of the Future Book Summary

In 'The History of the Future,' Blake J. Harris brilliantly explores the whimsical yet profound evolution of virtual reality and its impact on society. Through compelling narratives and in-depth interviews with key figures in the tech industry, the book reveals how dreams of a digital utopia collide with ethical dilemmas. Harris takes readers on a journey from the origins of VR to its potential future, questioning what it means to be human in an increasingly immersive world. As the lines between reality and virtuality blur, you'll ponder the choices that define our existence. This captivating exploration invites you to consider: Are we ready for the future we are creating?

The History of the Future
Blake J. Harris
The City in HistoryBook binding

The City in History Book Summary

In 'The City in History,' Lewis Mumford explores the evolution of urban life from ancient times to the modern metropolis. He argues that cities are not just physical structures but reflections of human values and societal progress. Mumford delves into the interplay between architecture, technology, and culture, revealing how they shape the human experience. With incisive critiques and vivid historical examples, he presents a vision of the ideal city that promotes both individuality and community. This thought-provoking journey challenges readers to reconsider the role of cities in their own lives and the future of civilization.

The City in History
Lewis Mumford
The History of the Decline & Fall of the Roman EmpireBook binding

The History of the Decline & Fall of the Roman Empire Book Summary

In 'The History of the Decline & Fall of the Roman Empire,' Edward Gibbon meticulously chronicles the mighty empire's descent into chaos and obscurity. With eloquent prose, Gibbon unveils the interplay of political intrigue, moral decay, and military defeats that eroded Rome's power. His analysis does not merely recount events but delves into the philosophical implications of decline and the lessons for future societies. As empires rise and fall, engage with the timeless questions Gibbon poses about civilization itself. Dive into this monumental work to understand how history shapes our present and future.

The History of the Decline & Fall of the Roman Empire
Edward Gibbon
A History of Economic TheoryBook binding

A History of Economic Theory Book Summary

In 'A History of Economic Theory', Jürg Niehans takes readers on a captivating journey through the evolution of economic thought. From ancient philosophies to contemporary paradigms, the book unravels how ideas have shaped economic practices across cultures and eras. With each chapter, Niehans reveals the intellectual battles and breakthroughs that have defined the discipline. Rich in historical context, this work challenges readers to consider the relevance of past theories in today's economy. Dive into this scholarly adventure and discover how the past continually influences our understanding of wealth and value.

A History of Economic Theory
Jürg Niehans
A History of GodBook binding

A History of God Book Summary

In 'A History of God', Karen Armstrong embarks on a fascinating journey through the evolution of the concept of God from ancient times to the modern era. She explores how various religions—Judaism, Christianity, and Islam—have shaped humanity's understanding of the divine, revealing the complexities and contradictions in these beliefs. Highlighting the influence of culture, politics, and philosophy, Armstrong invites readers to reconsider their perceptions of faith and spirituality. This thought-provoking narrative raises profound questions about the nature of belief and the future of religious thought. Are we on the brink of a new understanding of God, or are we simply repeating history?

A History of God
Karen Armstrong
A Brief History of Everything (20th Anniversary Edition)Book binding

A Brief History of Everything (20th Anniversary Edition) Book Summary

In 'A Brief History of Everything', Ken Wilber takes readers on an enlightening journey through the evolution of consciousness and the unfolding of human history. He skillfully weaves together insights from philosophy, science, and spirituality, offering a holistic perspective on our existence. Discover how various cultural paradigms intersect and influence our understanding of reality. This thought-provoking exploration challenges conventional views and invites readers to contemplate their place in the cosmos. What if the key to our future lies in understanding the past in a radically new way?

A Brief History of Everything (20th Anniversary Edition)
Ken Wilber
A Short History of Nearly EverythingBook binding

A Short History of Nearly Everything Book Summary

In 'A Short History of Nearly Everything,' Bill Bryson embarks on a whimsical journey through the annals of science, unraveling the mysteries of the universe and humankind's place within it. With wit and humor, he demystifies complex concepts, from the Big Bang to atoms, making them accessible to the layperson. Bryson introduces us to eccentric scientists and their groundbreaking discoveries, igniting a sense of wonder about the world we inhabit. This book is not merely a history; it's a celebration of curiosity, sparking an appreciation for the intricacies of life and the universe. Prepare to be entertained and enlightened as you explore the 'why' and 'how' behind nearly everything.

A Short History of Nearly Everything
Bill Bryson

Showing 8 of 30 similar books

Take your reading experience to the next level

Download our mobile app to enjoy your favorite books on the go. Get access to exclusive features, offline listening, and personalized recommendations.

Download on the App Store

Similar Book Recommendations →

Arnold Schwarzenegger's Book Recommendations

Arnold Schwarzenegger's Book Recommendations

Arnold Schwarzenegger, born in 1947 in Thal, Austria, is a multifaceted personality known for his achievements in bodybuilding, acting, and politics. He gained global fame as a seven-time Mr. Olympia champion, solidifying his status as a bodybuilding icon. Transitioning to Hollywood, he became a leading action star with iconic roles in films like "The Terminator" and "Predator." As the 38th Governor of California, serving from 2003 to 2011, he advocated for environmental initiatives and fiscal reform. Schwarzenegger is also a best-selling author, with notable works including his autobiography "Total Recall: My Unbelievably True Life Story," which offers insights into his diverse and impactful career.

PoliticsFitnessHealth and NutritionWellness Wisdom
Chris Dixon's Book Recommendations

Chris Dixon's Book Recommendations

Chris Dixon is a notable venture capitalist and technology entrepreneur, best known for his influential role as a general partner at Andreessen Horowitz, where he leads investments in cryptocurrency and blockchain technology. Before joining the firm, Dixon co-founded two startups: SiteAdvisor, a web security company acquired by McAfee, and Hunch, a recommendation engine acquired by eBay. In addition to his investment career, Dixon is a prolific writer and thought leader on technology and innovation, contributing insightful essays and articles to various platforms such as his personal blog and Medium. His writings often explore the future of technology, the internet, and the impact of blockchain, making significant contributions to contemporary tech literature. Dixon's work has earned him recognition as a visionary in both the tech and literary worlds.

Technology and FutureInspiring ReadsCreativity and Innovation
David Heinemeier Hansson's Book Recommendations

David Heinemeier Hansson's Book Recommendations

David Heinemeier Hansson, also known as DHH, is a Danish programmer, entrepreneur, and author, best known as the creator of Ruby on Rails, a popular web application framework. Heinemeier Hansson is also a partner at Basecamp, a project management and collaboration software company he co-founded. His contributions to software development have earned him widespread recognition, with Ruby on Rails being used by thousands of developers and companies worldwide. Heinemeier Hansson is also a vocal advocate for remote work, simplicity in business, and sustainable work practices, ideas he explores in his bestselling books Rework and It Doesn’t Have to Be Crazy at Work. In addition to his work in tech, he is an accomplished race car driver, having competed in the 24 Hours of Le Mans. Heinemeier Hansson’s approach to work-life balance and entrepreneurship has made him a thought leader in the tech community, where he continues to challenge traditional business practices and advocate for more human-centered approaches to work

Business and LeadershipProductivityInspiring Reads
Julian Shapiro's Book Recommendations

Julian Shapiro's Book Recommendations

Julian Shapiro is a renowned writer and entrepreneur, acclaimed for his insightful essays on personal growth and marketing strategies. He is the author of "The Julian Shapiro Collection," a compilation of his most impactful writings that have garnered a wide readership online. Shapiro co-founded the growth marketing agency Bell Curve, where he has helped numerous startups achieve exponential growth. His work often blends practical advice with deep philosophical inquiries, making complex subjects accessible to a broad audience. Through his prolific writing and entrepreneurial ventures, Julian has become a key figure in the intersection of business and self-improvement literature.

Self-ImprovementBusiness and Leadership
Patrick Collison's Book Recommendations

Patrick Collison's Book Recommendations

Patrick Collison is an Irish entrepreneur and co-founder of Stripe, a global technology company that enables businesses to accept online payments. Along with his brother John, Patrick has transformed Stripe into one of the most valuable private tech companies in the world. Stripe’s innovative approach to online payments has made it a key player in the financial technology space. Collison is known for his deep interest in science, technology, and policy, often engaging in conversations about innovation, progress, and how to improve societal outcomes. He is an advocate for scientific advancement and the intersection of technology and public policy.

Business and LeadershipTechnology and FutureInspiring Reads
Ben Shapiro's Book Recommendations

Ben Shapiro's Book Recommendations

Ben Shapiro is an American conservative political commentator, author, and lawyer, known for his sharp analytical skills and outspoken views. He graduated from UCLA at the age of 20 and Harvard Law School at 23, demonstrating his early intellectual prowess. Shapiro is the author of several best-selling books including "Bullies: How the Left's Culture of Fear and Intimidation Silences Americans" and "The Right Side of History: How Reason and Moral Purpose Made the West Great." He is the co-founder and editor emeritus of The Daily Wire, a popular conservative news and opinion website. Through his writing and media presence, Shapiro has significantly influenced contemporary political discourse in the United States.

PoliticsMedia and Pop Culture
Barack Obama's Book Recommendations

Barack Obama's Book Recommendations

Barack Obama is the 44th President of the United States, serving from 2009 to 2017. As the first African American president, Obama’s leadership marked a historic moment in American history. His administration focused on healthcare reform, economic recovery from the Great Recession, and environmental policies. He is best known for the Affordable Care Act, as well as his efforts to expand civil rights and restore diplomatic relations with Cuba. Since leaving office, Obama has continued to engage in public life through his foundation, focusing on leadership development, civic engagement, and global issues.

PoliticsMemoirs and BiographiesSuccess Stories and Life Lessons
Robert Kiyosaki's Book Recommendations

Robert Kiyosaki's Book Recommendations

Robert Kiyosaki is the author of the bestselling personal finance book Rich Dad Poor Dad, which challenges conventional wisdom on wealth building and financial literacy. He is a self-made entrepreneur and investor who emphasizes the importance of financial education and investing in assets that generate passive income. His Rich Dad brand has expanded to include books, seminars, and a board game that teaches financial principles. Kiyosaki advocates for self-reliance and encourages individuals to break free from the traditional “employee mindset.” He continues to teach people how to achieve financial independence.

Money MattersSelf-ImprovementSuccess Stories and Life Lessons

Showing 8 of 16 related collections

In the long run, it is not the size of the population but the wealth of the individuals that matters.

A Farewell to Alms

By Gregory Clark

Frequently Asked Questions