Unintended Consequences: the Impact of Factor Endowments, Culture, and Politics on Long-Run Economic Performance
- Binding: Hardcover
- Publisher: MIT Press
- Publish date: 11/01/1998
Lal's first major theme is the interaction of factor endowments, culture, and politics in explaining modern intensive growth in the West. The other major theme is the role of individualism -- an inadvertent legacy of the medieval Catholic Church -- in promoting this growth, and the strange metamorphoses this has caused in both the West's cosmological beliefs and the interaction between "the West and the rest". Lal takes account of the relevant literature in history, anthropology, social psychology, evolutionary biology, neurology, and sociology, and the economic history of the regions and cultures that form Eurasia. An appendix shows how the stories Lal tells can be described by four formal economic models.
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