Power And Prosperity: Outgrowing Communist And Capitalist Dictatorships
| Author | : | |
| Rating | : | 4.73 (745 Votes) |
| Asin | : | 0465051952 |
| Format Type | : | paperback |
| Number of Pages | : | 272 Pages |
| Publish Date | : | 2013-11-09 |
| Language | : | English |
DESCRIPTION:
. Mancur Olson (1932-1998) was Distinguished Professor of Economics at the University of Maryland and the chair and principal investigator of the Center on Institutional Reform and the Informal Sector (IRIS). His books, The Logic of Collective Action and The Rise and Decline of Nations, have been translated into more than nine languages
jeronimo0650 said A good way to set the right questions.. It seems old fashioned and outdated, in fact it set the stage for what the World should look at to create wealth, value and enhance growth.Of course it will not happen overnight, but some ideas maybe more than useful in Emerging Economies as well as in Old Democracies which today are out of touch with the new paradigms and reality.An update of Mr. Olson's ideas and concepts nearly A good way to set the right questions. It seems old fashioned and outdated, in fact it set the stage for what the World should look at to create wealth, value and enhance growth.Of course it will not happen overnight, but some ideas maybe more than useful in Emerging Economies as well as in Old Democracies which today are out of touch with the new paradigms and reality.An update of Mr. Olson's ideas and concepts nearly 30 years after the fall of Berlin Wall, Tienamen and Emergence of Emerging Economies + The fast growth of digital technologies, is welcomed and should be quite interesting and useful, maybe as a way to find an exit to the looming. 0 years after the fall of Berlin Wall, Tienamen and Emergence of Emerging Economies + The fast growth of digital technologies, is welcomed and should be quite interesting and useful, maybe as a way to find an exit to the looming. Needed This book covers aspects of Economics that are only too often neglected. These aspects include how power arrangements affect market efficiency and the effectiveness of markets in meeting consumer demand and providing for propserity. The book also provides accounts of different types of market arangements. In one type of market there is no guarantee other than the honor of the buyer and seller concerning the quality of the product and the terms of payment. Thus the market tends toward basic short term transactions. In the market for which property rights are guaranteed by the social structure, however, mark. Gregory N. Hullender said The Real Advantage of Capitalism and Democracy. Why are all the rich countries in the world capitalist democracies? Isn't a dictator the best way to turn around a country in economic trouble? Why did Germany and Japan grow so fast after the end of World War II? Why have Russia and the Warsaw Pact countries done so poorly after the end of the Cold War? And what should the rich, successful, First-World countries do to enjoy continuing prosperity?Olson's only book written for the general public, "Power and Prosperity" addresses all these questions and more, in well-written prose, fairly free of economic jargon, and filled with easy-to-follow examples. Not
His exploration of market-augmenting governments” will stand as a cutting-edge work on economic growth and provide a useful framework in which to consider the Asian financial crisis and its aftermath. As Susan Lee noted in Forbes, his pioneering insights might have won a Nobel Prize for Olson had he lived a bit longer.”. Reliable enforcement of private contracts and protection of individual rights to property depend on governments strong enough to guarantee these rights yet constrained enough not to undermine them. Why do some economies do better than others? How does society encourage the kind of market economy that generates continually increasing incomes? How do particular styles of government affect economic performance? World-renowned economist Mancur Olson tackles these questions and others in what will surely be regarded as his ma
As the world attempts to salvage what's left of the post-communist economies, it must contend with disablingly high rates of inflation and inefficient, state-owned businesses. The challenge ahead is not merely to hasten privatization, Olson says. As it stands, it serves as an appropriate coda to Olson's long and productive career, summarizing his major achievements while still contributing new insights to the post-communist debates. (Mar.) Copyright 2000 Reed Business Information, Inc. As he grapples with the forces that undermine economic v