Tags » Economic Institutions

European Economy

A German tourist goes to a Greek hotel…. He gives the owner 100 Euros and asks for some room keys so he can take a look at them and see if he likes them. 202 more words

Economic Institutions

Economics + institutions + pirates

I’m writing an essay on institutional analysis and whether it helps us understand problems of economic non-development. Specifically, I’m responding to the implicit claim that institutional analysis is an improvement from the “neoclassical paradigm” that often neglects, or takes for granted, the role of institutions. 461 more words


Why Nations Fail by Daron Acemoglu and James Robinson; a discussion of the main ideas

This book addresses the core reasons for why some countries are rich today and why some have been stuck in a vicious circle of poverty and corruption. 836 more words