All over the world, people are prevented from participating fully in society through mechanisms that go beyond the structural and institutional barriers that rational choice theory identifies ( - poverty, exclusion by law or force, taste-based or statistical discrimination, and externalities...

This article surveys an influential new research program on historical paths of institutional development and their consequences for growth. The research program exploits the experience of European colonialism as a kind of "natural experiment" whose results bear on the way institutions affect...

All over the world, people are prevented from participating fully in society through mechanisms that go beyond the structural and institutional barriers that rational choice theory identifies (―poverty, exclusion by law or force, taste-based or statistical discrimination, and externalities...