Power and Prosperity by Mancur Olson

Power and Prosperity by Mancur Olson

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Summary

Why do some economies do better than others? How do particular styles of government affect economic performance? World-renowned economist Mancur Olson tackles these questions and others, contending that governments can play an essential role in the development of markets.

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Power and Prosperity by Mancur Olson

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 to guarantee these rights yet constrained 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.
SKU Unavailable
ISBN 13 9780465051953
ISBN 10 0465051952
Title Power and Prosperity
Author Mancur Olson
Condition Unavailable
Publisher Basic Books
Year published 2000-01-19
Number of pages 272
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.