What was more important for the Great Enrichment: Institutions or ideas? How much did the institutions associated with the financial and commercial revolutions matter? And how much did the grand ideas associated with liberalism matter? These are some of the most important, and indeed some of the most difficult, questions that institutionalists and historians must contend with.
Summing up the spirit of the discussion, both panelists wrote up some amiable notes:
The video of this debate is available on the WINIR YouTube channel.