@techreport{NBERw4274, title = "Princes and Merchants: European City Growth before the Industrial Revolution", author = "J. Bradford De Long and Andrei Shleifer", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "4274", year = "1993", month = "February", URL = "http://www.nber.org/papers/w4274", abstract = {As measured by the pace of city growth in western Europe from 1000 to 1800. absolutist monarchs stunted the growth of commerce and industry. A region ruled by an absolutist prince saw its total urban population shrink by one hundred thousand people per century relative to a region without absolutist government. This might be explained by higher rates of taxation under revenue-maximizing absolutist governments than under non-absolutist governments. which care more about general economic prosperity and less about State revenue.}, }