A Not-so-dismal Science: A Broader View of Economies and Societies
A Not-so-dismal Science: A Broader View of Economies and Societies
former Distinguished Professor of Economics, University of Maryland; former Principal Investigator
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Abstract
This book shows that in calling economics the ‘dismal science’, Thomas Carlyle was profoundly wrong. The influence of economic thinking on other social sciences is bringing about a theoretical integration of all the social sciences under one overarching paradigm. The ten chapters of this book illustrate the intellectual advances that account for this unified view of economics and societies. The key theme that emerges is the interaction between political, economic, legal, and social forces. Examples of this include the political influence of corruption and special interest groups, the organizational structure of a government, the effect of commercial law, and the differences between communities with high and low social fragmentation. All these affect and are affected by economic conditions.
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Front Matter
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Introduction: The Broader View
Mancur Olson andSatu Kähkönen
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1
Big Bills Left on the Sidewalk: Why Some Nations Are Rich, and Others Poor
Mancur Olson
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2
Innovation and Its Enemies: The Economic and Political Roots of Technological Inertia
Joel Mokyr
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3
Economic Institutions and Development: A View from the Bottom
Oliver E. Williamson
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4
Dictatorship, Democracy, and Development
Mancur Olson
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5
Overstrong Against Thyself: War, the State, and Growth in Europe on the Eve of the Industrial Revolution
J. Bradford De Long
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6
The Swedish Model: A Comment on Mancur Olson's Analysis
Erik Moberg
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7
Affirmative Action and Reservations in the American and Indian Labor Markets: Are They Really That Bad?
Edward Montgomery
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8
Communities and Development: Autarkic Social Groups and the Economy
Russell Hardin
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9
Law from Order: Economic Development and the Jurisprudence of Social Norms
Robert D. Cooter
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10
The Nature of Institutional Impediments to Economic Development
Pranab Bardhan
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End Matter
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