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We present new evidence on how generalized trust is formed. Unlike previous studies, we look at the explanatory power … the Economic Freedom Index) increase trust. The idea is that a market economy, building on voluntary transactions and … mechanisms for trust to emerge between people …
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There is a broad agreement that political and economic institutions matter for long-term development. Yet relatively little is known as to how to adopt good quality institutions and reform weak or poor institutions, for which one needs to know how institutions change. This paper provides a...
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The present work is a collection of essays. The first one is new, written for the collection. Then follows 7 separate essays of varying age. They are named * On the classifications of property rights * A property rights perspective on institutional change in the welfare state * On the nature of...
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