Pillars of Prosperity - the Political Economics of Development Clusters

Name: Pillars of Prosperity - the Political Economics of Development Clusters
Price: 34.42 USD
Availability: InStock
ISBN: 9780691158150

ISBN-10: 0691158150

ISBN-13: 9780691158150

Edition: 2013

Authors: Timothy Besley, Torsten Persson

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Description:

"Little else is required to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice; all the rest being brought about by the natural course of things." So wrote Adam Smith a quarter of a millennium ago. Using the tools of modern political economics and combining economic theory with a bird's-eye view of the data, this book reinterprets Smith's pillars of prosperity to explain the existence of development clusters--places that tend to combine effective state institutions, the absence of political violence, and high per-capita incomes.To achieve peace, the authors stress the avoidance of repressive government…

Book details

Copyright year: 2013
Publisher: Princeton University Press
Publication date: 2/24/2013
Binding: Paperback
Pages: 392
Size: 5.75" wide x 8.75" long x 1.00" tall
Weight: 1.144
Language: English