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→How does the author test the hypothesis?
The authors compare the growth of England to countries in continental Europe who do not have separation of powers and where there was no veto-check on the monarchy. In these countries, growth and property rights were hindered by the lack of a check against the monarch. Spain and France are examples where the authors claims this was happening.
The authors also point to the grown in English capital markets and particularly markets in private/public debt as evidence that the glorious revolution strengthened private property rights. Further evidence presented included a constant and sustained decrese in interest rates and lending property rights became more established and lending less risky.
=== How does the author rule out alternative hypotheses? ===
