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The paper presents a model of social and economic development which relaxes some of the assumptions made in existing papers on the determinants of growth. In particular, the model allows for multidirectional causality between social and economic indicators. The model indicates that there are...
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. General equilibrium theory meets network theory and receives a breath of fresh air, including a new viewpoint on economic … failings. Suitable reading for advanced undergraduate, MSc and postgraduate students in microeconomic analysis, economic theory … taught in the USA and the Netherlands. His research focuses on the economic theory of the social division of labour …
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reading for advanced undergraduate, MSc and postgraduate students in microeconomic analysis, economic theory and political …
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"This book brings together a number of previously published articles by Stanley L. Engerman and Kenneth L. Sokoloff. Its essays deal with differences in the rates of economic growth in Latin American and mainland North America, specifically the United States and Canada. It demonstrates how...
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This paper is an attempt to contribute to the literature on the relationship between economic development and democratic institutions. The paper focuses on civil liberties and interprets them in a framework in which there is no dividing line drawn between “civil” and “property” rights....
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