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Institutions and the Path to the Modern Economy

Lessons from Medieval Trade

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Exploring the foundations of economic, political, and social disparities, this book delves into the nature of institutions and their evolution. It addresses critical questions about the origins and persistence of these structures, challenging the conventional explanations that link them directly to national wealth or governance styles. By engaging with insights from various social sciences, the work aims to provide a deeper understanding of how institutions shape societal outcomes and influence historical and contemporary contexts.

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Institutions and the Path to the Modern Economy, Avner Greif

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2011
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