The Rise and Decline of Nations: Economic Growth, Stagflation, and Social RigiditiesA compelling theory on the rationale for the changing fortunes of nations |
Contents
| 1 | |
2 The Logic | 17 |
3 The Implications | 36 |
4 The Developed Democracies Since World War II | 75 |
5 Jurisdictional Integration and Foreign Trade | 118 |
6 Inequality Discrimination and Development | 146 |
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Common terms and phrases
aggregate demand areas argued argument bargaining Britain British capita income capital cartel cartelistic caste system chapter collective action Common Market comparative advantage competition costs countries developed democracies disinflation distributional coalitions economic growth economists efficiency employers endogamy entry equilibrium evidence example explain factors favorable firms gains Germany growth rates guilds Implication important increase India Indian caste system individual Industrial Revolution industry inflation institutions interest involuntary unemployment Japan jurisdictional integration Keynes Keynesian labor unions laissez-faire larger less lobbying logic macroeconomic theory Mancur Olson ment monetarist monopoly nonetheless obtain Olson percent period Peter Murrell policies political postwar present theory production profits rate of growth real output reduce relatively selective incentives significant small groups social society special-interest groups special-interest organizations stable STACIV3 stagflation statistical tariff theory offered tion tive trade unemployed United unstable wages workers World War II