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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."

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Book Details

ISBN: 9780465051960
ISBN-10: 0465051960
Format: Paperback
(203mm x 127mm x 18mm)
Pages: 272
Imprint: Basic Books
Publisher: The Perseus Books Group
Publish Date: 30-Oct-2000
Country of Publication: United States

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Author Biography - Mancur Olson

Mancur Olson (1932-1998) was the Chair and Principal Investigator of the Center on Institutional Reform and the Informal Sector (IRIS) and Distinguished Professor of Economics at the University of Maryland. His books The Logic of Collective Action and The Rise and Decline of Nations have been translated into nine languages.

Books By Author Mancur Olson

Not-so-dismal Science by Mancur Olson

A Not-so-dismal Science

Hardback, January 2000
$262.76
Rise and Decline of Nations by Mancur Olson

The Rise and Decline of Nations

Paperback, July 1984
$31.49
No-growth Society by Mancur Olson

The No-growth Society

Hardback, June 1975
$233.10
Logic of Collective Action by Mancur Olson

The Logic of Collective Action

Paperback, July 1974
$52.19