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Cover of The Rise and Decline of Nations

The Rise and Decline of Nations

by Mancur Olson

CasteEconomic developmentEconomicsEffect of inflation onUnemploymentbusiness associationscollective actioneconomic policy

Explores the relation between economic development and collective action, hypothesizing that small collectives are dynamic and flexible enough to quickly react to changes, encouraging economic development, while large collectives are slow and inflexible when faced with change, leading to economic decline.

Writing a summary for young readers…

For young readers

Book data: Open Library