The Great Divergence and the Economics of Printing Luis Angeles PRELIMINARY. PLEASE DO NOT QUOTE. March 13, 2015 1 Introduction One of the finest paradoxes in global history is the statement by Francis Bacon, champion of empiricism and a major figure in Europe’s intellectual ascendancy, about the importance of inventions in changing human lives. The three great inventions chosen by Bacon to make his case are printing, gunpowder, and the compass. All three were of Chinese origin.1 The failure of China to industrialize ahead of Europe, leading to what Kenneth Pomeranz has termed "The Great Divergence", has puzzled schol- Adam Smith Business School (Economics), University of Glasgow. Gilbert Scott Building, Glasgow G12 8QQ, United Kingdom. Email:
[email protected] . Tel: +44 141 330 8517. I thank, in particular, participants of the 4th Asian Historical Eco- nomics Conference in Istanbul, and seminar participants at the London School of Eco- nomics. I am, of course, liable for all remaining errors. 1 The statement in question is as follows: "Again, we should notice the force, effect, and consequences of inventions, which are nowhere more conspicuous than in those three which were unknown to the ancients; namely, printing, gunpowder, and the compass. For these three have changed the ap- pearance and state of the whole world: first in literature, then in warfare, and lastly in navigation; and innumerable changes have been thence derived, so that no empire, sect, or star, appears to have exercised a greater power and influence on human affairs than these mechanical discoveries." Francis Bacon, Novum Organum (1620), Book I, CXXIX.