Frontmatter -- Contents -- Preface -- Introduction -- I History -- 1 The Impact of Administrative Power on Political and Economic Developments: Toward a Political Economy of Implementation -- 2 The Institutional Origins of the Industrial Revolution -- 3 Institutions and the Resource Curse in...

Theories in political economy depend critically on assumptions about motivations of politicians. Our analysis starts from the premise that politicians, like other economic agents, are rational individuals who make career decisions by comparing the expected returns of alternative choices. The...