EconomicsEconomic policy

The Rise and Decline of Nations

Name: The Rise and Decline of Nations
Author: Mancur Olson

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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.

Subjects: Economics
Economic policy
Economic development
Wirtschaft
Labor unions
Caste
Set in: England
India
Japan
Germany
Characters: Milton Freedman

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