A substantial body of literature has uncovered a robust relationship between institutions including unionization and political democracy and economic inequality. This paper examines the effect of military spending on inequality, controlling for the size of the armed forces, GDP growth, per...

In this paper we discuss first, to what extent the corruption as evolutionary phenomena is driven by institutional development in the context of the modern state. Second, what is optimal level of corruption reduction? We will reconstruct the history of institutional development using GDP as a...