Franck, Raphaël; Johnson, Noel D.; Nye, John V.C. - In: Explorations in Economic History 51 (2014) C, pp. 77-93
The growth of the modern regulatory state is often explained in terms of an unambiguous increase in regulation driven by the actions of central governments. Contrary to this traditional narrative, we argue that as governments increased state capacity, they often strove to weaken the autarkic...