Employee Profile

Tong Zhang

Assistant Professor - Department of Finance


Zhang, Tong (2021)

Was Weber Really Wrong? A Comment on Some Recent Empirical Studies on Economic Growth

Max Weber Studies, 21(2), s. 203- 212. Doi: 10.15543/maxweberstudies.21.2.203

In the last two decades, there have been two influential papers in empirical economic growth, Becker and Woessmann (2009) and Acemoglu, Johnson, and Robinson (2001), which explicitly or implicitly claim that Weber's thesis has been refuted by empirical evidence. This paper argues that their alleged refutation of Weber is achieved by serious distortions and reductions of Weber's thesis combined with a sequence of unsubstantiated extrapolations.

Academic Degrees
Year Academic Department Degree
2019 University of Zurich PhD
Work Experience
Year Employer Job Title
2019 - Present BI Norwegian Business School Assistant professor