the rise and decline of nations economic growth stagflation and social rigidities

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The Rise And Decline Of Nations

Author : Mancur Olson
ISBN : 9780300157673
Genre : POLITICAL SCIENCE
File Size : 89. 55 MB
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The years since World War II have seen rapid shifts in the relative positions of different countries and regions. Leading political economist Mancur Olson offers a new and compelling theory to explain these shifts in fortune and then tests his theory against evidence from many periods of history and many parts of the world."[T]his elegant, readable book. . . sets out to explain why economies succumb to the 'British disease,' the kind of stagnation and demoralization that is now sweeping Europe and North America. . . . A convincing book that could make a big difference in the way we think about modern economic problems."--Peter Passell, The New York Times Book Review"Schumpeter and Keynes would have hailed the insights Olson gives into the sicknesses of the modern mixed economy."--Paul A. Samuelson, Massachusetts Institute of Technology"One of the really important books in social science of the past half-century."--Scott Gordon, The Canadian Journal of Economics"The thesis of this brilliant book is that the longer a society enjoys political stability, the more likely it is to develop powerful special-interest lobbies that in turn make it less efficient economically."--Charles Peters, The Washington Monthly"Remarkable. The fundamental ideas are simple, yet they provide insight into a wide array of social and historical issues. . . . The Rise and Decline of Nations promises to be a subject of productive interdisciplinary argument for years to come."--Robert O. Keohane, Journal of Economic Literature"I urgently recommend it to all economists and to a great many non-economists."--Gordon Tullock, Public Choice"Olson's theory is illuminating and there is no doubt that The Rise and Decline of Nations will exert much influence on ideas and politics for many decades to come."--Pierre Lemieux, ReasonCo-winner of the 1983 American Political Science Association's Gladys M. Kammerer Award for the best book on U.S. national policy

The Rise And Decline Of Nations

Author : Mancur Olson
ISBN : 0300030797
Genre : Business & Economics
File Size : 57. 30 MB
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A leading political economist advances a new theory to explain the postwar shifts in the relative economic fortunes and positions of various nations and regions

The Rise And Decline Of Nations

Author : Mancur Olson
ISBN : 0300023073
Genre : Business & Economics
File Size : 45. 89 MB
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A leading political economist advances a new theory to explain the postwar shifts in the relative economic fortunes and positions of various nations and regions

Challenging Institutional Analysis And Development

Author : Paul Dragos Aligica
ISBN : 9781135968533
Genre : Political Science
File Size : 84. 71 MB
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Challenging Institutional Analysis and Development demonstrates the importance of one of the 2009 Nobel Prize in Economics winners Elinor Ostrom's research program. The Bloomington School has become one of the most dynamic, well recognized and productive centers of the New Institutional Theory movement. Its ascendancy is considered to be the result of a unique and extremely successful combination of interdisciplinary theoretical approaches and hard-nosed empiricism. This book demonstrates that the well-known interdisciplinary and empirical agenda of the Bloomington Research Program is the result of a less-known but very bold proposition: an attempt to revitalize and extend into the new millennium a traditional mode of analysis illustrated by authors like Locke, Montesquieu, Hume, Adam Smith, Hamilton, Madison and Tocqueville. As such, the School tries to synthesize the traditional perspectives with the contemporary developments in social sciences and thus to re-ignite the old approach in the new intellectual and political context of the twentieth century. The book presents an outline and a systematic analysis of the vision behind the Bloomington Research Program in Institutional Analysis and Development, explaining its basic assumptions and its main themes as well as the foundational philosophy that frames its research questions and theoretical and methodological approaches. This book will be of interest to students and scholars of social science, especially those in the fields of economics, political sciences, sociology and public administration.

Is War Necessary For Economic Growth

Author : Vernon W. Ruttan
ISBN : 0198040652
Genre : Business & Economics
File Size : 74. 13 MB
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Military and defense-related procurement has been an important source of technology development across a broad spectrum of industries that account for an important share of United States industrial production. In this book, the author focuses on six general-purpose technologies: interchangeable parts and mass production; military and commercial aircraft; nuclear energy and electric power; computers and semiconductors; the INTERNET; and the space industries. In each of these industries, technology development would have occurred more slowly, and in some case much more slowly or not at all, in the absence of military and defense-related procurement. The book addresses three questions that have significant implications for the future growth of the United States economy. One is whether changes in the structure of the United States economy and of the defense-industrial base preclude military and defense-related procurement from playing the role in the development of advanced technology in the future, comparable to the role it has played in the past. A second question is whether public support for commercially oriented research and development will become an important source of new general-purpose technologies. A third and more disturbing question is whether a major war, or the threat of major war, will be necessary to mobilize the scientific, technical, and financial resources necessary to induce the development of new general-purpose technologies. When the history of United States technology development in the next half century is written, it will focus on incremental rather than revolutionary changes in both military and commercial technology. It will also be written within the context of slower productivity growth than of the relatively high rates that prevailed in the United States in the 1950s and 1960s or during the information technology bubble that began in the early 1990s. These will impose severe constraints on the capacity of the United States to sustain a global-class military posture and a position of leadership in the global economy.

Globalization Power And Democracy

Author : Marc F. Plattner
ISBN : 0801865689
Genre : Political Science
File Size : 89. 33 MB
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Though the year 2000 marks the turn of the century and of the millennium, the great turn in the realm of international politics occurred a decade earlier, with the Revolutions of 1989-91. The breakup of the Soviet Union's external empire in Eastern Europe, soon followed by the demise of the USSR itself, destroyed the bipolar structure that had characterized world politics for almost half a century. But while the dramatic collapse of communism left no room for doubt that the era of the Cold War had come to an end, there was very little agreement about the nature of the new international order being born. This book explores the emerging post-Cold War international system and its implications for the future expansion and consolidation of democracy. Bringing together both experts on international relations and scholars of democracy from Europe, North America, and Asia, it examines the link between these two subjects in a way that is rarely done. While a large literature has emerged in recent years on the effects of democracy on international relations (the debate over what is often called the theory of "democratic peace"), the authors of the present volume instead examine the other side of this relationship -- the impact of the international system on the prospects for democracy. Contributors: Zbigniew Brzezinski, Center for Strategic and International Studies • Robert Cooper, Defence and Overseas Secretariat in the Cabinet Office, London • Jean-Marie Guéhenno, Institut des Hautes Etudes de Défense Nationale, Paris • Samuel P. Huntington, Harvard University • Robert Kagan, Carnegie Endowment for International Peace • Ethan B. Kapstein, University of Minnesota • Kyung Won Kim, Institute of Social Sciences • Jacques Rupnik, Fondation Nationale des Sciences Politiques, Paris • Dimitri Landa, University of Minnesota • Adam Daniel Rotfeld, Stockholm International Peace Research Institute, Stockholm • Philippe C. Schmitter, European University Institute, Florence

Economics Of Worldwide Stagflation

Author : Michael Bruno
ISBN : UOM:39015010729880
Genre : Business & Economics
File Size : 73. 17 MB
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This book sets forth both a theory and a comparative empirical analysis of stagflation, that peculiar combination of high unemployment, slow growth, and spurts of high inflation bedeviling the advanced industrial nations during the past fifteen years. The authors first construct a small macroeconomic model that takes full account of aggregate demand and supply forces in the determination of output, employment, and the price level, in both a single-economy and a multi-economy setting. They then apply the model to provide an understanding of comparative performance of industrial countries in the areas of unemployment, inflation, productivity, and investment growth. They argue convincingly that the decay of the major economies during this period resulted from the supply shocks of the 1970s, such as the two major OPEC oil-price increases, and from the consequent policy-induced decrease in demand in response to inflationary pressures. Their analysis differs markedly from similar studies in that it takes specific account of institutional differences in the labor markets of the various economies. This helps to explain in particular the divergent adjustment profiles of the United States and Europe. Bruno and Sachs make several key recommendations for the mix of demand management and incomes policies necessary to combat stagflation in individual countries as well as for the coordination of macroeconomic policies among the major industrial nations.

Governing The Commons

Author : Elinor Ostrom
ISBN : 9781107569782
Genre : Political Science
File Size : 60. 63 MB
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Tackles one of the most enduring and contentious issues of positive political economy: common pool resource management.

The Collapse Of Complex Societies

Author : Joseph Tainter
ISBN : 052138673X
Genre : Social Science
File Size : 24. 91 MB
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Dr Tainter describes nearly two dozen cases of collapse and reviews more than 2000 years of explanations. He then develops a new and far-reaching theory.

Mass Flourishing

Author : Edmund S. Phelps
ISBN : 9781400848294
Genre : Business & Economics
File Size : 84. 9 MB
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In this book, Nobel Prize-winning economist Edmund Phelps draws on a lifetime of thinking to make a sweeping new argument about what makes nations prosper--and why the sources of that prosperity are under threat today. Why did prosperity explode in some nations between the 1820s and 1960s, creating not just unprecedented material wealth but "flourishing"--meaningful work, self-expression, and personal growth for more people than ever before? Phelps makes the case that the wellspring of this flourishing was modern values such as the desire to create, explore, and meet challenges. These values fueled the grassroots dynamism that was necessary for widespread, indigenous innovation. Most innovation wasn't driven by a few isolated visionaries like Henry Ford and Steve Jobs; rather, it was driven by millions of people empowered to think of, develop, and market innumerable new products and processes, and improvements to existing ones. Mass flourishing--a combination of material well-being and the "good life" in a broader sense--was created by this mass innovation. Yet indigenous innovation and flourishing weakened decades ago. In America, evidence indicates that innovation and job satisfaction have decreased since the late 1960s, while postwar Europe has never recaptured its former dynamism. The reason, Phelps argues, is that the modern values underlying the modern economy are under threat by a resurgence of traditional, corporatist values that put the community and state over the individual. The ultimate fate of modern values is now the most pressing question for the West: will Western nations recommit themselves to modernity, grassroots dynamism, indigenous innovation, and widespread personal fulfillment, or will we go on with a narrowed innovation that limits flourishing to a few? A book of immense practical and intellectual importance, Mass Flourishing is essential reading for anyone who cares about the sources of prosperity and the future of the West.

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