Institutions and the Path to the Modern Economy: Lessons from Medieval Trade
Institutions and the Path to the Modern Economy: Lessons from Medieval Trade
It is widely believed that current disparities in economic, political, and social outcomes reflect distinct institutions. Institutions are invoked to explain why some countries are rich and others poor, some democratic and others dictatorial. But arguments of this sort gloss over the question of what institutions are. This book was first published in 2006.
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It is widely believed that current disparities in economic, political, and social outcomes reflect distinct institutions. Institutions are invoked to explain why some countries are rich and others poor, some democratic and others dictatorial. But arguments of this sort gloss over the question of what institutions are. This book was first published in 2006.
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