beneficial in early stages of development, generated in later stages a hurdle for human capital accumulation and economic growth …

Conventional wisdom about the relationship between income distribution and economic development has been subjected to … the development process. In early stages of industrialization, as physical capital accumulation was a prime engine of … growth, inequality enhanced the process of development by channeling resources towards individuals whose marginal propensity …

development. …

Conventional wisdom about the relationship between income distribution and economic development has been subjected to … for economic development, the Neoclassical paradigm, which had subsequently dominated the field of macroeconomics …

-faring and airborne transportation technologies, to examine its impact on the course of economic development across the globe … effect on the process of development and contributed to the contemporary variation in the standard of living across countries. …

role of deeply-rooted biogeographical forces in comparative development, this research empirically demonstrates that … revolutionize the understanding of the effects of deeply-rooted factors on economic development and the composition of human capital …

economic development and the dynamics of inequality withinand across societies. The study argues that entrepreneurial spirit … evolved non-monotonicallyin the course of human history. In early stages of development, risk-tolerant, growthpromoting traits … process of economic development. Inmature stages of development, however, risk-averse traits gained an evolutionary advantage …