Abstract
The purpose of this essay is to review the books Why Nations Fail by Daron Acemoglu and James Robinson, and Pillars of Prosperity by Timothy Besley and Torsten Persson. The essay briefly discusses the main contributions of the books and the role of politics for economic performance. The review then discusses these contributions in the light of recent research on organizational economics, particularly the modern theory of the firm.
Original language | English (US) |
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Pages (from-to) | 116-143 |
Number of pages | 28 |
Journal | Journal of Economic Literature |
Volume | 51 |
Issue number | 1 |
DOIs | |
State | Published - Mar 2013 |
Externally published | Yes |
All Science Journal Classification (ASJC) codes
- Economics and Econometrics