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Pillars of Prosperity: The Political Economics of Development Clusters
Timothy Besley
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Description for Pillars of Prosperity: The Political Economics of Development Clusters
Paperback. Series: The Yrjo Jahnsson Lectures. Num Pages: 392 pages, 25 line illus. 25 tables. BIC Classification: JPA; KCA; KCG; KCM; L. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 226 x 151 x 23. Weight in Grams: 518.
"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 ... Read more
"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 ... Read more
Product Details
Publisher
Princeton University Press
Number of pages
392
Format
Paperback
Publication date
2013
Series
The Yrjo Jahnsson Lectures
Condition
New
Weight
517g
Number of Pages
392
Place of Publication
New Jersey, United States
ISBN
9780691158150
SKU
V9780691158150
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Timothy Besley
Timothy Besley is the School Professor of Economics and Political Science at the London School of Economics and Political Science. Torsten Persson is the Torsten and Ragnar Soderberg Chair in Economic Sciences and professor of economics at the Institute for International Economic Studies, Stockholm University.
Reviews for Pillars of Prosperity: The Political Economics of Development Clusters
Honorable Mention for the 2011 PROSE Award in Economics,s, Association of American Publishers "This is a fascinating set of questions, and Pillars of Prosperity will be essential reading for other researchers in this area."
Diane Coyle, Enlightened Economist "Besley and Persson have written a book that seeks to bring weak and fragile states into mainstream economic analysis... [I]f you wish to ... Read more
Diane Coyle, Enlightened Economist "Besley and Persson have written a book that seeks to bring weak and fragile states into mainstream economic analysis... [I]f you wish to ... Read more