The Performance of the European Economy in Historical Perspective
Journal: Econstor (Econstor)
Year: 2014

The European economy was of central importance for the worldwide economic development. In pre-industrial times all cultures were agrarian with few cities and similar income. This situation changed fundamentally with the industrialisation of Europe, which caused great income differences. This process started already in antiquity in Greece with a new type of man, acting in democratic structures and continued with the Roman rule of law and the autonomous medieval cities. With Humanism, Renaissance