When bad economics is good politics / Bruce Bueno de Mesquita and Hilton L. Root -- Order, disorder, and economic change: Latin America versus North America / Douglass C. North, William Summerhill, and Barry R. Weingast -- Political institutions, political survival, and policy success / Bruce...

We present a model of optimal government policy when policy choices may exacerbate socio-political instability (SPI). We show that optimal policy that takes into account SPI transforms a standard concave growth model into a model with both a poverty trap and endogenous growth. The resulting...

We present a model of optimal government policy when policies may exacerbate socio-political instability (SPI). We show that the optimal policy that takes into account SPI transforms a standard concave growth model into a model with both a poverty trap and endogenous growth. The predictions of...