Robert Fritzsch provides an institutional economic analysis of the Great Recession. The author shows that institutions matter as determinants of crisis resilience - however in a different way than predicted by the prominent theories of Olson (1982) and North, Wallis, Weingast (2009), as the...

"Part history and part manifesto, The Price of Prosperity exposes the economic, political, and cultural cracks that wealthy nations face, and makes the case for transforming those same vulnerabilities into sources of strength--and the foundation for a national renewal. To understand how great...