Adaptable property-rights institutions, we argue, foster economic development. The British example illustrates this …

growth of real incomes, most likely reflecting the importance of factors such as education and the quality of institutions …

the central role of political and economic institutions, as well as the endogenous evolution of technology, in shaping the … context of economic and political institutions, and also that the focus on the share of top incomes can give a misleading …

, and about the effects of institutions, social structure, and culture on economic growth. We also outline challenges for …

Although institutions are believed to be key determinants of economic performance, there is limited evidence on how … variation in the presence of institutions; the difficulty of empirically measuring institutional performance; and the temptation … the complex and multi-faceted subject. We evaluate one attempt to make local institutions more egalitarian by imposing …

We estimate the respective contributions of institutions, geography, and trade in determining income levels around the … world, using recently developed instruments for institutions and trade. Our results indicate that the quality of … institutions trumps' everything else. Once institutions are controlled for, measures of geography have at best weak direct effects …

We revisit the debate over whether political institutions cause economic growth, or whether, alternatively, growth and … establish the proposition that institutions cause growth are constructed to be conceptually unsuitable for that purpose. We also … variety of additional evidence, suggest that a) human capital is a more basic source of growth than are the institutions, b …

-quarter of the countries, those with better (but not the best) institutions exhibiting a statistically significant and …

degree of inequality in wealth, human capital, and political power in accounting for how fundamental economic institutions … political influence and access to economic opportunities. The clear implication is that institutions should not be presumed to …