Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10005820617
A dynastic cycle is a periodic alternation of society between despotism and anarchy. In a society of farmers, rulers, and bandits, population growth simultaneously impoverishes farmers and reduces the ruler's surplus per head. Society evolves into a despotic stationary state or into a dynastic...
Persistent link: https://www.econbiz.de/10005241109