The protestant ethic and the spirit of capitalism the Haugian way (original) (raw)
2012, RePEc: Research Papers in Economics
Abstract
On the basis of availabale sources the present paper seeks to map entrepreneural industrial activities the Norwegian puritan revivalist Hans Nielsen Hauge (1771-1824) was involved in and quantify his financial activities. It also tries to map entrepreneural activities by his followers. The paper concludes that these activities must have played a decisive role for the economic development in Norway during the nineteenth century.
Figures (5)
Source, R¢dal o& Kiplesund 2009, 79-82.
Sources, Rgdal & Kiplesund 2009, 79-82, Grytten 2004a, 92-93, Norges Bank 2010 and SSB 2010.
Chart 3. Significant financial transactions Hauge was involved in. Reported in wage equivalents in mill 2010-NOK. Sources, Rgdal & Kiplesund 2009, 79-82, Grytten 2004a, 92-93, Norges Bank 2010 and SSB 2010.
Table 1. Investments Hauge was involved in. In mill 2010-NOK. CPI-inflated.
Table 2. Financial transactions Hauge was involved in. Mill 2010-NOK. CPI-inflated.
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