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1. The Concept of Power -- 2. Political Power -- 3. Economic Power -- 4. The Separation of Economic from Political Power -- 5. Power in Pre-Agricultural Societies -- 6. Power in Agrarian and Feudal Societies -- 7. Institutions That Support Commerce and Industry -- 8. Power in Commercial and...
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A substantial body of literature concludes that nations that maintain market institutions and have limited governments have higher economic growth rates and higher per capita incomes. This conclusion goes back at least to Adam Smith (1937 [1776]), and includes historical studies by Mokyr (1990)...
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