The Rise Of Britain’s Fiscal Naval StateIn outline (if not in the chronological detail required for a complete and satisfactory historical narrative) the reasons why the United Kingdom evolved between the Glorious Revolution of 1688 and the Congress of Vienna of 1815, into the most powerful...

In this paper we review as well as contribute to the empirical literature on the impact of landreform on agricultural productivity in India. We find that, overall for all states, land-reform legislation had anegative and significant effect on agricultural productivity. However, this hides...

The well-known inverse relationship between farm size and productivity is usually explained in terms ofdiminishing returns with respect to land and other inputs coupled with various types of market frictions thatprevent the efficient allocation of land across farms. We show that even in the...

The experience of West Bengal under the panchayat system stands in sharp contrast withthat of other states and, together with land reform, it has been credited for playing animportant role in the impressive economic turnaround of the state since the mid 1980s. WestBengal is the first and the...

We re-examine the labor donation theory of not-for-profits and show that these organizations may exist notnecessarily because motivated workers prefer to work in them, or that they dominate for-profits in terms ofwelfare, but because the excess supply of motivated workers makes the non-profit...