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Power and Prosperity: Outgrowing Communist and Capitalist Dictatorships (Paperback)
$23.37 - Free delivery worldwide (to United States and
all these other countries) Usually dispatched within 72 hours | |Short Description for Power and ProsperityWhy do some economies do better than others? How does society encourage the kind of market economy that generates continually increasing incomes? How do particular styles of government affect economic performance? Economist Mancur Olson tackles these questions and others.
Full description- Publisher: BASIC BOOKS
- Published: 30 October 2000
- Format: Paperback 272 pages
- See: Full bibliographic data
- Categories: Marxism & Communism | Economic Theory & Philosophy | Development Economics | Political Economy | Economic Systems & Structures | Economic History
- ISBN 13: 9780465051960 ISBN 10: 0465051960
- Sales rank: 258,477
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Full description for Power and Prosperity
This final work by a world-renowned economist will take its place among the classics of political economy. Why do some economies do better than others? How does society encourage the kind of market economy that generates continually increasing incomes? How do particular styles of government affect economic performance? World-renowned economist Mancur Olson tackles these questions and others in what will surely be regarded as his magnum opus. Olson contends that governments can play an essential role in the development of markets. Reliable enforcement of private contracts and protection of individual rights to property depend on governments strong enough not to undermine them. His exploration of "market-augmenting governments" will stand as a cutting-edge work on economic growth and provide a useful framework in which to consider the Asian financial crisis and its aftermath. As Susan Lee noted in Forbes, "his pioneering insights might have won a Nobel Prize for Olson had he lived a bit longer. "
