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From:Independent Review (Vol. 25, Issue 3) Peer-ReviewedFiction writer Flannery O'Connor would strike economists as someone engaged in a positive, rather than normative, examination of human nature. She observes the conditions arising from systemic racism, xenophobia, and...
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From:Independent Review (Vol. 19, Issue 2) Peer-ReviewedDemocracy and Political Ignorance: Why Smaller Government Is Smarter By Ilya Somin Stanford, Calif.: Stanford University Press, 2013. Pp. x, 264. $27.95 paperback. In Ilya Somin's excellent new book...
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From:The Cato Journal (Vol. 23, Issue 2) Peer-ReviewedMost economists agree that private property, the rule of law, and free markets are crucial for economic development, but there is still disagreement over what other factors determine why some nations are rich while...
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From:Independent Review (Vol. 8, Issue 3) Peer-ReviewedEconomists are discovering the limits of their knowledge regarding the institutional and cultural preconditions of economic development. Those working for the World Bank and International Monetary Fund (IMF) must have...
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From:American Economist (Vol. 52, Issue 2) Peer-ReviewedOne of John Maynard Keynes's most quoted statements (1935, p. 383) is: ... the ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is...