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Brian Villanueva's avatar

This is truly an amazing analysis. I've seen all of this elsewhere and in my econ training, but assembled together like this, it's a truly devastating argument.

"I can find no evidence that a shorter Growing Season seriously undermined English agricultural productivity"

Consider what David Ricardo chose to illustrate his theory -- Portugese wine and English wool -- clearly aware of the constraints of English agriculture. For Ricardo, latitude and precipitation IS comparative advantage. In the progress equation, the multiplier of the "ag-efficiency" variable may be quite high, but there are many other variables, as you say. Clearly, the Anglo-Norman people found a way (Ricardo implies using grazing instead of row crops) to overcome their weakness in this area and make the jump to a commercial society: https://ourworldindata.org/grapher/daily-per-capita-caloric-supply?country=GBR~FRA As weird as it sounds, their comparative weakness may have encouraged that jump. I wonder what the meat/grain caloric ratio of Medieval France vs England was?

"For the first time, other regions could escape the trap of geography."

It is ironic that literally while Ricardo was creating his theories predicated on latitude and precipitation, other events were rendering those variables far less significant to comparative advantage and progress.

Ryuji Yamamoto's avatar

Spot on. I completely agree that geography is the silent partner in economic history. Water transport was the only way to move goods cheaply enough to sustain large cities and specialized markets before the railway (https://exchangism.substack.com/p/the-power-of-water-how-water-transportation). You make a great point about how this physical connectivity allowed Northwest Europe to flourish. I would take it a step further and say this connectivity is what creates 'intelligence' in a civilization—just like a neural network, more connections (via water trade routes) lead to faster processing of ideas and innovations. (https://exchangism.substack.com/p/the-network-is-intelligence-how-urbanization)

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