Institutional Affiliation: Washington University in St. Louis
|A Conceptual Framework for Interpreting Recorded Human History|
with , : w12795
Neither economics nor political science can explain the process of modern social development. The fact that developed societies always have developed economies and developed polities suggests that the connection between economics and politics must be a fundamental part of the development process. This paper develops an integrated theory of economics and politics. We show how, beginning 10,000 years ago, limited access social orders developed that were able to control violence, provide order, and allow greater production through specialization and exchange. Limited access orders provide order by using the political system to limit economic entry to create rents, and then using the rents to stabilize the political system and limit violence. We call this type of political economy arrange...
Published: North, Douglas, John Joseph Wallis, and Barry Weingast. Violence and Social Orders: A Conceptual Framework for Interpreting Recorded Human History. Cambridge and New York: Cambridge University Press, 2009.
|Measuring the Transaction Sector in the American Economy, 1870-1970|
in Long-Term Factors in American Economic Growth, Stanley L. Engerman and Robert E. Gallman, editors
|The United States Balance of Payments, 1790-1860|
in Trends in the American Economy in the Nineteenth Century, The Conference on Research in Income and Wealth