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The Rise and Decline of Nations

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273
PAGES
~4h 33min
READING TIME
English
LANGUAGE
1
READERS
Categories
Economic Development
Economics
Caste
Unemployment
Effect Of Inflation On
Yale University Press 4 views
ISBN
9780300157673
Editions
Hardcover
Paperback
4 views
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About Author

Mancur Olson

First sentence

Many have been puzzled by the mysterious decline or collapse of great empires or civilizations and by the remarkable rise to wealth, power, or cultural achievement of previously peripheral or obscure peoples...

Description

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.

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