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The Paradox of the West

Douglass North

Economic History from University Library of Munich, Germany

Abstract: A central thesis of this chapter is that economic growth and the development of freedom are complementary processes of societal development. Economic growth provides the resources (and leisure) to support more complex societies; and it is unlikely to persist in the long run without the development of political and civil liberties. A world of specialization and division of labor--the roots of economic growth--is going to nurture democratic polities and individual freedoms.

JEL-codes: N (search for similar items in EconPapers)
Date: 1993-09-08
Note: ascii text, 24 pages
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