Must-Read: Mara P. Squicciarini and Nico Voigtländer: Human Capital and Industrialization: Evidence from the Age of Enlightenment: “While human capital is a strong predictor of economic development today… …its importance for the Industrial Revolution has typically been assessed as minor. To resolve this puzzling contrast, we differentiate average human capital (literacy) from upper-tail knowledge. As … Continue reading Must-Read: Mara P. Squicciarini and Nico Voigtländer: Human Capital and Industrialization: Evidence from the Age of Enlightenment