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Intro -- Contents -- Acknowledgments -- Glossary of Weights and Measures -- 1. Introduction -- 2. The Economic and Political Context for Danish Agricultural Development, ca. 1660- 1850 -- 3. The Agricultural Reforms, 1750s- 1800s -- 4. The Spread of the Holstein System -- 5. From Bullshit to...
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We propose an innovation-driven growth model in which education is determined by family background and cognitive ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers market R&D. This means that our model rationalizes two...
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This essay first sets out the "business model" problems entailed by corruption and their effects as well as implications for economic growth. Key issues are the need for secrecy and co-operation with partners in crime. Dealing with these leads to behavior which is ostensibly bizarre and...
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This paper analyzes the conflicts of interest arising from the "revolving door". The revolving door is a common phenomenon, and it is unlikely that most of it can be explained by "regulatory capture", a practice that is unlawful. Therefore, there is a need for a new framework. This paper...
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