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The years since World War II have seen rapid shifts in the relative positions of different countries and regions. Leading political economist Mancur Olson offers a new and compelling theory to explain these shifts in fortune and then tests his theory against evidence from many periods of history and many parts of the world.[T]his elegant, readable book. . . sets out to explain why economies succumb to the British disease, the kind of stagnation and demoralization that is now sweeping Europe and North America. . . . A convincing book that could make a big difference in the way we think about modern economic problems.Peter Passell, The New York Times Book ReviewSchumpeter and Keynes would have hailed the insights Olson gives into the sicknesses of the modern mixed economy.Paul A. Samuelson, Massachusetts Institute of TechnologyOne of the really important books in social science of the past half-century.Scott Gordon, The Canadian Journal of EconomicsThe thesis of this brilliant book is that the longer a society enjoys political stability, the more likely it is to develop powerful special-interest lobbies that in turn make it less efficient economically.Charles Peters, The Washington MonthlyRemarkable. The fundamental ideas are simple, yet they provide insight into a wide array of social and historical issues. . . . The Rise and Decline of Nations promises to be a subject of productive interdisciplinary argument for years to come.Robert O. Keohane, Journal of Economic LiteratureI urgently recommend it to all economists and to a great many non-economists.Gordon Tullock, Public ChoiceOlsons theory is illuminating and there is no doubt that The Rise and Decline of Nations will exert much influence on ideas and politics for many decades to come.Pierre Lemieux, ReasonCo-winner of the 1983 American Political Science Associations Gladys M. Kammerer Award for the best book on U.S. national policy
This final work by a world-renowned economist will take its place among the classics of political economy
Olson develops a theory of group and organizational behavior that cuts across disciplinary lines and illustrates the theory with empirical and historical studies of particular organizations, examining the extent to which individuals who share a common interest find it in their individual interest to bear the costs of the organizational effort.
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