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From Publishers Weekly
Olson, whose Logic of Collective Action stands as a landmark work of political economy, died in 1998 before putting the finishing touches on this book. As it stands, it serves as an appropriate coda to Olson's long and productive career, summarizing his major achievements while still contributing new insights to the post-communist debates. As he grapples with the forces that undermine economic vitality, Olson worries over a central question: Why has economic performance been so much better after the defeat of fascism in Germany and Japan than after the collapse of communism in Soviet-style states? In probing this question, Olson examines the complex relationships between the role of the state and economic performance, arguing that "there is no way of explaining the extreme poverty of many nations without taking account of the extent to which they are misgoverned." The lay reader will easily grasp Olson's broad and practical--if not especially vivid--discussions, and specialists will value his excellent analyses of the economic machinations of Soviet-type autocracies, including a fine reading of Stalin's diabolical manipulation of Russia's tax structures. As the world attempts to salvage what's left of the post-communist economies, it must contend with disablingly high rates of inflation and inefficient, state-owned businesses. The challenge ahead is not merely to hasten privatization, Olson says. Instead, economists must work to ensure that a "market-augmenting government" first secures individual rights to private property and guarantees the impartial enforcement of contracts--in his view the two essential ingredients for prosperity. (Mar.)
Copyright 2000 Reed Business Information, Inc. --Ce texte fait référence à une édition épuisée ou non disponible de ce titre.
Copyright 2000 Reed Business Information, Inc. --Ce texte fait référence à une édition épuisée ou non disponible de ce titre.
Book Description
This final work by a world-renowned economist will take its place among the classics of political economy Why do some economies do better than others? How does society encourage the kind of market economy that generates continually increasing incomes? How do particular styles of government affect economic performance? World-renowned economist Mancur Olson tackles these questions and others in what will surely be regarded as his magnum opus. Olson contends that governments can play an essential role in the development of markets. Reliable enforcement of private contracts and protection of individual rights to property depend on governments strong enough not to undermine them. His exploration of "market-augmenting governments" will stand as a cutting-edge work on economic growth and provide a useful framework in which to consider the Asian financial crisis and its aftermath. As Susan Lee noted in Forbes, "his pioneering insights might have won a Nobel Prize for Olson had he lived a bit longer."
"Power and Prosperity is an important book, written with clarity and verve. It is a great misfortune that Mancur Olson is not here to respond to the debates that it will surely provoke." -The Wall Street Journal
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› Consultez la page Mancur Olson d'Amazon
› Consultez la page Mancur Olson d'Amazon
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Première phrase
THESE DAYS, VIRTUALLY ALL ECONOMISTS (and I think also most people in other fields) would agree that societies are most likely to prosper when there are clear incentives to produce and to reap the gains from social cooperation through specialization and trade. Lire la première page
Couverture | Copyright | Table des matières | Extrait | Index | Quatrième de couverture
THESE DAYS, VIRTUALLY ALL ECONOMISTS (and I think also most people in other fields) would agree that societies are most likely to prosper when there are clear incentives to produce and to reap the gains from social cooperation through specialization and trade. Lire la première page
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Concordance
Couverture | Copyright | Table des matières | Extrait | Index | Quatrième de couverture
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