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Whatever other factors may affect their form, institutions have inertia and ‘robustness.’ They therefore embody historical trajectories and turning points. History matters because it is ‘path dependent’: what comes first (even if it was in some sense ‘accidental’) conditions what comes later.
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CHICAGO (CBS) — Nearly 30 years ago, a man with no car but a passion for teaching came to Chicago to get a job. Today, he leads Lindblom Math and Science Academy. 142 more words