The Rise and Decline of Nations
by Mancur Olson
Popularity 33
Explores the relation between economic development and collective action, hypothesizing that small collectives are dynamic and flexible enough to quickly react to changes, encouraging economic development, while large collectives are slow and inflexible when faced with change, leading to economic decline.
CasteEconomic developmentEconomicsEffect of inflation onUnemploymentbusiness associationscollective actioneconomic policylabor unionsmacroeconomic theoryStagflationWirtschaft