, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality. We …

is causal: a longer period in power increases the chance that a person may start (or continue) a political dynasty …. Therefore, dynastic political power is self-perpetuating in that a positive exogenous shock to a person's political power has … persistent effects through posterior dynastic attainment. In politics, power begets power …

society consists of rich and poor individuals. The rich are initially in power, but expect to transition to democracy, which … rents for bureaucrats than would an efficient state structure. When the poor come to power in democracy, they will reform …

nondemocracy to democracy, alters the distribution of de jure political power, but the elite can intensify their investments in de … we refer to as invariance. When the model is enriched to allow for limits on the exercise of de facto power by the elite … of the exercise of de jure and de facto political power. A change in political institutions, for example a move from …

) and civil society (representing non-elite citizens), where both players can invest to increase their power. The model …

. Succinctly, countries receive a commercial return on their soft power …

This paper examines the relationship between the concentration of political power in legislative bargaining and the … limit the concentration of power …

Shareholder valuations are economically and statistically positively correlated with independent directors' power …, gauged by social network power centrality. Powerful independent directors' sudden deaths reduce shareholder value …

unanticipated) changes in the distribution of political power and in economic structure. We focus on the Markov Voting Equilibria …, which require that economic and political changes should take place if there exists a subset of players with the power to … institutions as well as individual types can be ordered, and preferences and the distribution of political power satisfy natural …

This paper presents new evidence on the power sharing layout of national political elites in a panel of African … employing data on the ethnicity of cabinet ministers since independence. As opposed to the view of a single ethnic elite … monolithically controlling power, we show that African ruling coalitions are large and that political power is allocated …