Institutions and the Path to the Modern Economy: Lessons from Medieval Trade by Avner Greif

Institutions and the Path to the Modern Economy: Lessons from Medieval Trade

Political Economy of Institutions and Decisions

Avner Greif

503 pages • first pub 2006 (editions)

nonfiction economics history informative reflective slow-paced
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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 ...

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