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Volume 6 (20) Number 2 pp. 7-18

Oded Galor

Department of Economics, Brown University, Providence, USA.

The journey of humanity: Roots of inequality in the wealth of nations

Abstract:

This essay explores the journey of humanity since the emergence of Homo
sapiens 300,000 years ago. It analyses the critical role of Unified Growth Theory in resolving
two fundamental mysteries that had characterized this journey: (i) The mystery
of growth—why did living standards stagnate for most of human history and what led
to their sudden soar 200 years ago? (ii) the mystery of inequality—what are the roots
of the major surge in inequality across nations and why have these gaps widened dramatically
over the past 200 years?

pub/2020_2_7.pdf Full text available in Adobe Acrobat format:
http://www.ebr.edu.pl/volume20/issue2/2020_2_7.pdf
Keywords: growth, comparative development, great divergence, Malthusian Epoch, population diversity.

DOI: 10.18559/ebr.2020.2.2

For citation:

MLA Galor, Oded. "The journey of humanity: Roots of inequality in the wealth of nations." Economics and Business Review EBR 20.2 (2020): 7-18. DOI: 10.18559/ebr.2020.2.2
APA Galor, O. (2020). The journey of humanity: Roots of inequality in the wealth of nations. Economics and Business Review EBR 20(2), 7-18 DOI: 10.18559/ebr.2020.2.2
ISO 690 GALOR, Oded. The journey of humanity: Roots of inequality in the wealth of nations. Economics and Business Review EBR, 2020, 20.2: 7-18. DOI: 10.18559/ebr.2020.2.2