’s conjecture that today marked differences in social capital between the North and South of Italy were due to the culture of …

’s conjecture that today marked differences in social capital between the North and South of Italy were due to the culture of …

Since Max Weber, there has been an active debate on the impact of religion on people’s economic attitudes. Much of the …

While both cultural and legal norms (institutions) help foster cooperation, culture is the more primitive of the two … and itself sustains formal institutions. Cultural changes are rarer and slower than changes in legal institutions, which … makes it difficult to identify the role played by culture. Cultural changes and their effects are easier to identify in …

Why is underdevelopment so persistent? One explanation is that poor countries do not have institutions that can support … growth. Because institutions (both good and bad) are persistent, underdevelopment is persistent. An alternative view is that … economic institutions persist even in fairly democratic but poor societies, and the second because it does not explain why poor …