287 | Jean-Paul Faguet on Institutions and the Legacy of History

2909.049 - 2934.169 Jean-Paul Faguet

So if you're selling food or if you're tanning leather or if you're engaged in commerce more generally in the town, it's the local government that's regulating you and making sure that the food isn't unsafe, etc. So it's actually... It's a more capable and more involved, more sophisticated local state than I certainly ever expected for 1500s full stop, let alone 1500s Latin America.