Cover of Rise and Decline of Nations

Book 2008

Rise and Decline of Nations

33 readers

Publisher
Yale University Press
Language
English
Published
2008
  • Caste
  • Economic development
  • Economics
  • Effect of inflation on
  • Unemployment
  • business associations
  • collective action
  • economic policy

Explores the relation between economic development and collective action, hypothesizing that small collectives are dynamic and flexible enough to quickly react to changes, encouraging economic development, while large collectives are slow and inflexible when faced with change, leading to economic decline.