We in the West are the "haves." Much of the rest of the world - Africa, South Asia, South America - are the "have-nots." While it has always been this way - a world divided by wealth and poverty, health and sickness, food and famine - the extent of inequality across nations toda…
Why is North Korea, a geographical, ethnic and cultural mirror of its capitalist neighbour, ten times poorer than South Korea? 'Why Nations Fail' analyses the root of the problems facing some nations, and why they are so difficult (though not impossible) to overcome.
Présentation de l'éditeur : "Shortlisted for the Financial Times and Goldman Sachs Business Book of the Year Award 2012. Why are some nations more prosperous than others? Why Nations Fail sets out to answer this question, with a compelling and elegantly argued new theory: that i…
A general theory of institutional change lies at the heart of social science. The book provides insight into the process of institutional change.
Institutional change is a central driving force behind social changes, and thus a central topic in all major fields of social sciences. Yet, no general theory of institutional change exists. Drawing from a diverse literature, this book develops a general theory of institutional …
Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African …
"This study offers both an explanation of the formation of preferences and a significant elaboration of the economic theory of institutional change. It will engage and enlighten scholars and students of the social sciences, especially those with an interest in consumption, insti…
The author demonstrates how preferences for specific goods, and symbolic goods in particular, are mediated through the institutional settings that both individuals and groups find themselves in. He develops a Social Value Nexus, which indicates how institutions relate to the soc…