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Modernization theory is a cornerstone of much of political science, despite the mounting evidence against its predictions. In this paper, we argue that the theory's failings are rooted in predictions that are not conditioned on history and cultural configurations. We outline a theory in which...
Persistent link: https://www.econbiz.de/10012599297
We construct a model of simultaneous change and persistence in institutions. The model consists of landowning elites and workers, and the key economic decision concerns the form of economic institutions regulating the transaction of labor (e.g., competitive markets versus labor repression). The...
Persistent link: https://www.econbiz.de/10012466560
We use a dataset of the entire population of English Parliamentary enclosure acts between 1750 and 1830 to provide the first causal evidence of their impact. Exploiting a feature of the Parliamentary process that produced such legislation as a source of exogenous variation, we show that...
Persistent link: https://www.econbiz.de/10012938741
What is the impact of warfare on inequality and the social contract? Using local data on bombing, the evolution of wealth inequality and vote shares for the Labour Party in England around World War II we establish two results. First, on average, we find no impact of bombing on inequality....
Persistent link: https://www.econbiz.de/10012814452
Despite the past centuries' economic setbacks and challenges, are there reasons for optimism about Africa's economic prospects? We provide a conceptual framework and empirical evidence that show how the nature of African society has led to three sets of unrecognized "latent assets." First,...
Persistent link: https://www.econbiz.de/10012496157
Institutional constraints to counter potential abuses in the use of political power have been viewed as essential to well functioning political institutions and good public policy outcomes in the Western World since the time of ancient Greece. A sophisticated intellectual tradition emerged to...
Persistent link: https://www.econbiz.de/10014226113
Conventional wisdom proposes deep historical roots for authoritarianism in Africa: either colonial "decentralized despotism" or enduring structural features. We present a new theoretical perspective. Africans sought autonomous local communities, which constrained precolonial rulers. Colonizers...
Persistent link: https://www.econbiz.de/10013435144
We propose a framework to explain why some societies may end up with different constitutional solutions to the problem of maintaining order in the face of self-interested behavior. Though the salient intellectual tradition since Hobbes has focused on how institutional design is used to eradicate...
Persistent link: https://www.econbiz.de/10014322888
Since formal rules can only partially reduce opportunistic behavior, third-party sanctioning to promote fairness is critical to achieving desirable social outcomes. Social norms may underpin such behavior, but they can also undermine it. We study one such norm the "don't be a toad" norm, as it...
Persistent link: https://www.econbiz.de/10014635680
This essay discusses several potential economic, political and social costs of the current path of AI technologies. I argue that if AI continues to be deployed along its current trajectory and remains unregulated, it may produce various social, economic and political harms. These include:...
Persistent link: https://www.econbiz.de/10012629467