A leading political economist advances a new theory to explain the postwar shifts in the relative economic fortunes and positions of various nations and regions

The Rise and Decline of Nations: Economic Growth, Stagflation, and Social Rigidities

Business & Money

Olson, Mancur

Economics

Yale University Press

A compelling theory on the rationale for the changing fortunes of nations

The Rise and Decline of Nations: Economic Growth, Stagflation, and Social Rigidities (Veritas Paperbacks)

trade p/b, book has minor water stain on page ends, previous owners name, pages clean

No-Growth Society

Education & Teaching

Landsberg, Hans H.

Schools & Teaching

W.W. Norton & Co., Inc.

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 to guarantee these rights yet constrained 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: Outgrowing Communist And Capitalist Dictatorships

Basic Books

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."

This book develops an original theory of group and organizational behavior that cuts across disciplinary lines and illustrates the theory with empirical and historical studies of particular organizations. Applying economic analysis to the subjects of the political scientist, sociologist, and economist, Mancur Olson examines the extent to which the individuals that share a common interest find it in their individual interest to bear the costs of the organizational effort.The theory shows that most organizations produce what the economist calls “public goods”―goods or services that are available to every member, whether or not he has borne any of the costs of providing them. Economists have long understood that defense, law and order were public goods that could not be marketed to individuals, and that taxation was necessary. They have not, however, taken account of the fact that private as well as governmental organizations produce public goods.The services the labor union provides for the worker it represents, or the benefits a lobby obtains for the group it represents, are public goods: they automatically go to every individual in the group, whether or not he helped bear the costs. It follows that, just as governments require compulsory taxation, many large private organizations require special (and sometimes coercive) devices to obtain the resources they need.This is not true of smaller organizations for, as this book shows, small and large organizations support themselves in entirely different ways. The theory indicates that, though small groups can act to further their interest much more easily than large ones, they will tend to devote too few resources to the satisfaction of their common interests, and that there is a surprising tendency for the “lesser” members of the small group to exploit the “greater” members by making them bear a disproportionate share of the burden of any group action.All of the theory in the book is in Chapter 1; the remaining chapters contain empirical and historical evidence of the theory’s relevance to labor unions, pressure groups, corporations, and Marxian class action.

Logic of Collective Action: Public Goods and the Theory of Groups

Health, Fitness & Dieting

Psychology & Counseling

Schocken Books Inc.,U.S.

New Approach to the Economics of Health Care (AEI Symposia)

New Approach to the Economics of Health Care (AEI symposia)

Medical Books

AEI Press

Industries

Die Logik Des Kollektiven Handelns: Kollektivguter Und Die Theorie Der Gruppen (Die Einheit Der Gesellschaftswissenschaften) (German Edition)

Politics & Social Sciences

Sociology

Mohr Siebeck

La Logica De La Accion Colectiva / The Logic of Collective Action: Bienes Publicos y lat Teoria de Grupos / Public Goods and the Theory of Groups (Spanish Edition)

Social Sciences

Editorial Limusa S.A. De C.V.

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Books by Olson, Mancur