A Farewell to Alms: A Brief Economic History of the World (Princeton Economic History of the Western World) (Hardcover)

~ (Author)
Key Phrases: death rate schedules, shifting cultivation societies, original foragers, Industrial Revolution, United States, United Kingdom (more...)

Editorial Reviews

Review

"... As absorbing, as memorable and as well written as Mr Diamond's remarkable bestseller. It deserves to be as widely read." -- Clive Crook, Financial Times

"Clark amasses an extraordinary collection of historical data to explain why the Industrial Revolution was born in western Europe." -- William Baldwin, Forbes

"Clark's argument hinges on extensive archival research on the wills of medieval Englishmen." -- Daniel Brook, The Nation

"Genetically Capitalist? ... A Farewell to Alms asks the right questions, and it is full of fascinating details." -- Samuel Bowles, Science

"In an important new book, ...Clark suggests that much of the world's remaining poverty is semi-permanent." -- Robert J. Samuelson, The Washington Post

"It could well be the subject of debate for years to come." -- The Economist

"This is a bold attempt at explaining why some countries are richer than others." -- Wan Lixin, The Shanghai Daily

Review

Clark's idea-rich book may just prove to be the next blockbuster in economics. He offers us a daring story of the economic foundations of good institutions and the climb out of recurring poverty. We may not have cracked the mystery of human progress, but A Farewell to Alms brings us closer than before.
(Tyler Cowen New York Times )

Right or wrong, or perhaps somewhere in between, Clark's is about as stimulating an account of world economic history as one is likely to find. Let's hope that the human traits to which he attributes economic progress are acquired, not genetic, and that the countries that grow in population over the next 50 years turn out to be good at imparting them. Alternatively, we can simply hope he's wrong.
(Benjamin M. Friedman New York Times Book Review )

[C]lark is very good at piecing together figures from here and there, including those from isolated groups of hunter-gatherers alive today. He makes a plausible case for the basic pattern: for thousands of years before the Industrial Revolution, there was essentially no sustained improvement in mankind's general material standard of living, nor was there much variation from place to place around the world. The Industrial Revolution made all the difference.
(Robert Solow New York Review of Books )

A Farewell to Alms asks the right questions, and it is full of fascinating details, like the speed at which information traveled over two millennia (prior to the 19th century, about one mile per hour). Clark's combination of passion and erudition makes his account engaging. When a light bulb goes off in my head, the first thing I ask myself is 'Would this be interest if it were true?' Clark's thesis definitely meets that test.
(Samuel Bowles Science )

Mr. Clark...has produced a well written and thought-provoking thesis, refreshingly light on jargon and equations. It could well be the subject of debate for years to come.
(The Economist )

Gregory Clark's A Farewell to Alms is fully as absorbing, as memorable and as well written as [Jared] Diamond's remarkable bestseller. It deserves to be as widely read.... [A]ny book that is as bold, as fascinating, as conscientiously argued and as politically incorrect as this one demands to be read.
(Clive Crook Financial Times )

Obviously, we¹ve got a controversial argument here. But Clark makes a compelling case for the idea that the fruits of industrialization were open to all societies, but only a handful seized the moment.
(William R. Wineke The Wisconsin State Journal )

Gregory Clark's new book A Farewell to Alms is an investigation of both our nasty, brutish, and short past and our more prosperous present. Mr. Clark first makes the case that we owe our current prosperity to the gifts of the Industrial Revolution. He then attempts to explain why that revolution happened in 18th-century England.
(Edward Glaeser New York Sun )

Economic history often conjures images of musty tomes, bygone eras that no one knows about and in general, scholarship that is dry and difficult to relate to. Gregory Clark's new book A Farewell to Alms conveys a different image. Offering a sweep of history from the border between antiquity and the medieval age, the book is an attempt at tackling grand themes.
(Siddharth Singh LiveMint )

For a novel and somewhat dispiriting theory of economic divergence, read A Farewell to Alms, published this year, by Gregory Clark of the University of California at Davis. He doesn't accept the view, common among the utopians, that natural endowments like soil and water explain why rich nations are 50 times as prosperous as poor ones. How can differences in natural resources possibly explain Zimbabwe's misery or Singapore's wealth? Clark amasses an extraordinary collection of historical data to explain why the Industrial Revolution was born in western Europe, not Africa or India.
(William Baldwin Forbes )

Clark's ferociously systematic expounding of an alternative to the institutional explanation does...provide many delightful insights, large and small, along the way. Some of the observations in this very well-written book do make for nice dinner party anecdotes.
(Harold James The American Interest )

Comes now Gregory Clark, an economist who interestingly takes the side of culture. In an important new book, A Farewell to Alms Clark suggests that much of the world's remaining poverty is semi-permanent. Modern technology and management are widely available, but many societies can't take advantage because their values and social organization are antagonistic. Prescribing economically sensible policies (open markets, secure property rights, sound money) can't overcome this bedrock resistance.
(Robert Samuelson The Washington Post )

A Farewell to Alms is a brave new work, rich in both detailed facts and big ideas. Clark clears away much of the tangled brush of theories of long-term economic growth that have grown up in recent decades. This is the most ambitious and far-reaching book on long-term economic history to appear in many years, perhaps since Jared Diamond's Guns, Germs, and Steel.
(Jack A. Goldstone World Economics )

Clark's book A Farewell to Alms is . . . Ambitious, staking out an entire vision of world history. . . . Clark's Malthusian model is forcefully argued.
(Roger Gathman Austin American-Statesman )

[T]he author's engaging style and (relatively) jargon-free descriptions of the economic principles in play before, during, and after the Industrial Revolution in England turn this rich and detailed account into more of a sprint than a slog. . . . Whatever your reaction to this decidedly un-PC take on economic aid, [A Farewell to Alms] serves as a useful explanation of how we got where we are today and a reminder that new approaches are needed to close the yawning gap between the world's richest and poorest societies.
(Roberta Fusaro Harvard Business Review )

Clark argues the English evolved biologically in ways that created prosperity. Before you dismiss the notion, read this brilliant tour of economic history.
(MoneySense Magazine )

Clark adds substantively to an understanding of perhaps the important questions of this--or any--era: what makes economies grow, and why have some not experienced any success at all?....Alms is provocative, authoritative, insightful, readable, well documented, and an inescapable detour for anyone wanting to tackle economic growth and development topics and enter into these conversations.
(A. R. Sanderson Choice )

Gregory Clark has written a fascinating book which is chock-full of insight and ideas. Clark paints on a big canvas and his deft handling of the puzzles and counterintuitive outcomes is delicious. 'No one,' he says, 'can claim to be truly intellectually alive without having understood and wrestled, at least a little, with these mysteries'. We are indebted to him for revealing more of them in such an electrifying fashion.
(Ian R. Harper The Melbourne Review )

[A Farewell to Alms] is one of the most fascinating, and the most disturbing, historical works I have read. It seems to suggest that the gross inequality of our world has less to do with the inherent unfairness of global capitalism and more with scarcely ineradicable cultural difference. . . . [T]his is economic history as you never read it before.
(A.N. Wilson The Daily Telegraph )

Why do some nations get rich while others stay poor? What are the conditions that allow an economy to take off and grow? These questions have puzzled economists for many years. But no explanation is more startling than the one proposed by Gregory Clark in his book A Farewell to Alms.
(Ross Gittins Sydney Morning Herald )

This is a fine book, bristling with interesting data and opinions, more extensive than this review can possibly convey. Readily accessible to non-fiction readers, this book should fire more debate about a historical episode of unfailing fascination.
(Michael G. Sargent Interdisciplinary Science Reviews )

This is . . . a remarkable book, with an unerring focus on the fundamentals of the Malthusian economy and the large-scale economic trends. It is a unique source of factual information, beautifully presented in almost 200 tables and figures, and will make an excellent textbook for college-level courses of history and economics.
(Gerhard Meisenberg Journal of Biosocial Science )

[P]erhaps there is no higher praise for an author than to say that I disagreed with the arguments but liked the book. It made me think in new ways about the course of economic history. I recommend the book to anyone with an interest in the economic history of the world.
(Rick Szostak New Global Studies )

I derived enormous stimulation from this book. At a superficial level, Clark offers a richly documented picture of England's economic history, put into perspective by comparisons with other parts of Europe and with the Far East, and sometimes even by references to amazing facts about ancient forager societies. . . . More fundamentally, the layman gets a good understanding here of what made for the Industrial Revolution and how its preconditions evolved in England over a period of centuries. Clark accuses economists of being undereducated about history. This will be somewhat remedied if they read his provocative book.
(Wolfgang Kasper Policy )

As a self-proclaimed exercise in 'big history' this work succeeds extraordinarily well: it is engaging and readable, and it renders abstruse economic models and empirical results accessible to nonspecialists.
(Zorina Khan Technology and Culture )

A Farewell to Alms is . . . worth scrutinizing. The book offers a distinct line of thought on evolutionary affairs. It is also valuable in historiographical terms as it recalls historical explanation forsaken due to shifting scholarly fashions.
(Ian Morley The History Teacher )

Gregory Clark has written a stimulating, provocative, witty, and ambitious book. It is accessible to the uninitiated and a pleasure to read. Clark's valuable insights are presented with an admirable forcefulness, as are his grievous errors. In short, this is a book very much worth reading for the sake of argument and debate.
(Jan De Vries Journal of Economic History )

Clark has provided a sensible and readable account of important frontier research in economic history.
(Peter Howitt Journal of Interdisciplinary History )

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Product Details

• Hardcover: 432 pages
• Publisher: Princeton University Press; illustrated edition edition (July 24, 2007)
• Language: English
• ISBN-10: 0691121354
• ISBN-13: 978-0691121352
• Product Dimensions: 9.3 x 6.3 x 1.3 inches
• Shipping Weight: 1.7 pounds (View shipping rates and policies)
• Average Customer Review: 3.9 out of 5 stars  See all reviews (42 customer reviews)
• Amazon.com Sales Rank: #71,951 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

105 of 113 people found the following review helpful:

5.0 out of 5 stars The Descent of Economic Man, October 12, 2007

By	Omer Belsky (Haifa, Israel) - See all my reviews (TOP 1000 REVIEWER)    (REAL NAME)

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Did you know that the average person's life in the Stone Age was no worse then that of the average 17th century Briton? That given their more varied nutrition and lesser workload, the lives of hunter gatherers were superior to both? That the Black Death caused a major improvement in European standards of livings during the 14th to 16th centuries? That the institutional conditions for economic growth, as normally understood, were better in the Middle Ages then they are today?

These are only few of the mind blowing and well documented claims put forward in Gregory Clark's breathtaking - there is no other word - "A Farewell to Alms". Clark confronts the greatest mystery of human history - why did the West leap forward, breaking away from millennia of stasis, to create the modern, industrial world? Clark not only refutes most of the common wisdom about the rise of the West, but also brings forth an astonishing array of data in support of a radically new interpretation. No doubt some specialists would disagree with Clark's conclusions; I have my doubts, too - but Clark's methodology, his thoroughness, and the rigorous manner in which he addresses a huge quantity of data makes "A Farewell to Alms" an instant classic and a model for all economic history.

Clark describes world economic history as essentially a two-phase story. The first phase, from the dawn of time to the Industrial Revolution, featured a barely changing world governed by the cold and remorseless laws of Malthus and Darwin. But those same laws brought on a slow revolution, and a new phenomenon was emerging - first in Europe, and slower in India, China and Japan - Economic Man.

Reverend and Economist Thomas Robert Malthus (1766-1834) was the first to thus describe the world economy: in his model, people's wages were equal to the subsistence level; whenever wages increased, population increased, and pushed wages back to subsistence. Therefore, Clark argues, throughout history population was at equilibrium - whenever new technology increased productivity, the result was not higher living conditions, but higher population. Thus the difference in living conditions between times and places were caused by such effects as the different in hygiene level (improvements in hygiene ironically pushed down living standards by allowing people to survive on meager wages) and death by war and pestilence (which, equally ironically, pushed up wages).

And then, in the 18th century, in a relatively small island nation, everything changed. The Industrial Revolution transformed the world, or at least England, Europe, the US, Australia, Japan and nowadays China and South East Asia. Mankind broke free of the Malthusian trap. Productivity growth rose in two orders of magnitude; Productivity gains no longer led only to population increases, but also to increase in the standards of living. The West today is rich beyond the wildest dreams of its 17th century ancestors.

What happened? Most explanations suggest that Western Institutions were somehow improving: Markets were becoming freer, property rights more secure, the legal system more efficient, etc. Perhaps technology led returns on investment in human capital to increase

Not so, says Clark. Markets were much less regulated in pre modern times then they are today. Property rights, in England at least, more secure. And the return on human capital - as measured, for example, in the difference between the wages of master artisans and simple workers - decreased or stayed unchanged.

Furthermore, during the Industrial Revolution, hard work didn't pay; Inventors and Innovators repeatedly failed to reap the fruits of their inventions. Despite the gigantic leap in textile productivity, hardly anyone became really rich from textiles. Competition and knowledge leaks drove prices down, and the benefits were the consumer's, not the manufacturers'.

What changed, Clark argues, is not the environment in which the economic actors operated. The actors themselves were no longer the same.

In a Malthusian world, population was at equilibrium: barring efficiency growth, it did not increase. But while failing to increase, it was nonetheless very dynamic: a Darwinian struggle for survival, in which the Rich had many offspring, and the poor few. Thus, Clark suggests, through a combination to cultural transfers and Darwinian selection, the population changed. Upper class qualities spread to lower classes; Society was becoming Middle Class; Economic Man was born.

Or shall we say, selected?

As evidence, Clark sites several changes that did happen between 1000-1750: The Rise of Literacy, the Fall of Interpersonal Violence, the lengthening of working hours and the decrease in the time preference of money, which meant that people learned to postpone satisfaction. "Thrift, prudence, negotiation and hard work [became] values for communities that... [had been] spendthrift, impulsive, violent and leisure loving." (p.166)

The reason this process happened first in Europe and not in China or India, Clark argues, is because Europe was the most Darwinian. In other societies, the difference in birth rate between rich and poor was not as dramatic.

Clark's book is both exciting and troubling. Because it argues that the difference between the rich and poor nations is not in the way they organize their economies but in Cultural and likely genetic differences, it challenges both the right wing belief in the superiority of free markets, and the left wing faith in the equality of mankind. As a believer in both, I am troubled.

I don't think Clark's book is complete: If the differences between Modern and Pre Modern people are genetic, they should be discoverable in our DNA. If they are cultural, the mechanism of cultural transmission should be explored. And Clark doesn't say anything about democracy - is it a coincidence that democracy flourished side by side with the economy?

"A Farewell to Alms" is hands down the best book I read all year, and one of the best books on history, economics, or sociology I know. It is everything I look for in non-fiction - smart and elegantly written, challenging and illuminating, and grounded in both theory and empirical data. This one's for the ages.

144 of 159 people found the following review helpful:

3.0 out of 5 stars Survival of the Richest, August 26, 2007

By	Izaak VanGaalen (San Francisco, CA USA) - See all my reviews (TOP 500 REVIEWER)    (REAL NAME)

The perennial question asked by economic historians is why some countries grow excedingly rich and others remain miserably poor. It is a question that writers of "big history" have asked: notably Adam Smith in The Wealth of Nations (Bantam Classics), David S Landes in The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor, and Jared Diamond in Guns, Germs, and Steel: The Fates of Human Societies. These works rely heavily on theory beyond the mere retelling of certain facts and events. It is in this tradition that Gregory Clark, economic historian at the University of California at Davis, presents the economic history of the the world. The underlying theory that informs his version is that social and possibly biological evolution explains economic growth. The specter of social darwinism haunts his imagination.

For Clark the critical stage of social evolution is when a society is able to emerge from the Malthusian trap of poverty. It is at this point where they diverge from the pack and actually experience social progress and economic growth.

Regarding the Malthusian trap, Clark argues that the well-being of the average person around 1800 was no better than the average hunter-gatherer 10,000 years earlier. According to Malthus' "Essay on the Principle of Population," with every technological advance that increases the efficiency of production, there is a corresponding increase in population, thus neutralizing any gains made in production. In short, there are just more mouths to feed. The principle being that the population only grows as fast as the food supply.

That was the case until the Industrial Revolution. After 1800, something happened in England that caused production to outpace population growth. It was the first time in history that a society actually escaped from the Malthusian trap. For the first time incomes and consumption per capita began to rise. To find out why this occurred, Clark undertook a study of wills in England going back hundreds of years. He discovered that the rich had twice as many offspring as the poor, thus they outpopulated the poor. The rich brought with them certain skills and behaviors such as literacy, numeracy, work discipline, deferral of gratification, etc., that eventually permeated the rest of society in a downwardly mobile fashion. This is truely an original hypothesis. It was this evolutinary shift, according to Clark, that triggered the Industrial Revolution and set England apart from other countries

Why did England take off and others did not? Why the Great Divergence? The phrase is taken from Kenneth Pomeranz's book The Great Divergence: China, Europe, and the Making of the Modern World Economy. which deals with the same subject. Clark asks why the gap between rich and poor countries went from 4:1 in 1800 to 50:1 today. His answer is that in countries such as China and Japan the rich did not produce enough offspring to spread their productive behaviors downward through the rest of the population. East Asian and other economies were not able to push their agarian economies out of the Malthusian trap.

The title of this book is a pun on the title of a Hemingway novel, suggesting that alms or aid to the poor will do them no good. Clark is in the camp of those who believe that a change in behavior or, in this case, an advancement in the evolutionary process will allow poor countries to emerge from poverty. The implications of this are very controversial, to say the least, and still very inconclusive. Nevertheless, it is an interesting explanation of economic history that will be debated for years to come.

53 of 61 people found the following review helpful:

5.0 out of 5 stars Original, Fascinating, Thought Provoking, August 10, 2007

By	Daniel R. Luke (Portland, OR) - See all my reviews (REAL NAME)

This book is absolutely amazing, on a par with Diamond's Guns Germs and Steel.

The industrial revolution allowed England to escape what has been called the Malthusian Trap--a condition common to every pre-industrial society. In the Malthusian Trap, any recognizeable gain in wealth by a society would result in a slight increase in population. As the population would rise, however, living standards would go down, and the death rate would go up. For this reason, population growth remained at a glacial pace of 0.005% for thousands of years. Then the industrial revolution happened. For the first time, population and prospertiy could increase in lockstep, trending ever upwards over long periods of time.

By why did this happen in some places and not in others? Despite its many benefits, why has it proven to be so difficult to export the industrial model to other areas of the world? These are but a few of the questions that Clark addresses in his original and thought provoking book.

What I have taken away from this book is that a lot of good will and human effort has been wasted by not taking in to account the significant differences that exist between people and cultures. We falsely assume that the fruits of industrialization are so obviously desirable that other peoples should do whatever they have to do to make the necessary adaptations to reap its rewards. But we are largely ignorant of why this can't so easily be done. The industrial revolution came to be within the context of a certain unique culture, and it makes sense that it could not be easily duplicated among other people with different values and ways of life.

In attempting to explain the differences in wealth between one population and the next, Clark's approach is cultural. But here's the key: these cultural differences were shaped by selective pressures experienced by some peoples and not others. The conditions which gave rise to the industrialization of England were not present among other populations and are not even to this day. That is why it has proven to be be so difficult to duplicate elsewhere. His arguments in support of this thesis are clear, persuasive, original and rigorous. This book is a must read for anyone interested in understanding the monumental importantance of economic and cultural differences between cultures. The questions he raises adds a new dimension to ones perspective. I predict that at some point, when discussing solutions to the poverty which billions still confront, you will not be able to post a good argument without also being familiar with his.