Timing is everything: Evaluating behavioural causal theories of Britain's industrialisation

Abstract

Baumard's thesis that the English Industrial Revolution can be explained by Life History Theory's predictions for psychological development is a progression of much literature in economic and social history. However, the theory suffers from its reliance on increasingly fragile data indicators for "wealth" and its focus on "innovation" as new research begins to explore sectoral dynamics in long run growth.