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Civilization at the Crossroads
Published online by Cambridge University Press: 05 August 2009
Extract
The Extraordinary prosperity of the Western peoples in Europe and America at the beginning of the twentieth century, on the eve of the first World War, was reached after a long series of efforts which began at about the time Leonardo da Vinci was born in 1452. In contrast to the fourteenth and early fifteenth centuries, the late fifteenth and early sixteenth centuries were a period of prosperity in most districts of continental Europe. The Middle Ages drew to a close in the midst of great movements of discovery, colonization, and economic progress.
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- Copyright © University of Notre Dame 1941
References
1. For the calculations on which this statement is based, see my article, “Silver Production in Central Europe, 1450–1618,” to be published in the August number of the Journal of Political Economy.
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