Institutions and the Path to the Modern Economy: Lessons from Medieval Trade (Political Economy of Institutions and Decisions) Book + PRICE WATCH * Amazon pricing is not included in price watch

Institutions and the Path to the Modern Economy: Lessons from Medieval Trade (Political Economy of Institutions and Decisions) Book

This book presents a unifying concept of the term institution.Read More

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  • Book Description

    It is widely believed that current disparities in economic, political, and social outcomes reflect distinct institutions. Institutions are invoked to explain why some countries are rich and others poor, some democratic and others dictatorial. But arguments of this sort gloss over the question of what institutions are, how they come about, and why they persist. This book seeks to overcome these problems, which have exercised economists, sociologists, political scientists, and a host of other researchers who use the social sciences to study history, law, and business administration.

  • 0521480442
  • 9780521480444
  • Avner Greif
  • 16 January 2006
  • Cambridge University Press
  • Hardcover (Book)
  • 526
  • illustrated edition
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