Libertarians and minarchists, after all, have found allies in the world of institutional development economics before. Their answer was simple – inclusive institutions create prosperity. Robinson initially published a book called Why Nations Fail, summarizing their career-long work, taking on what presumably is the most fundamental question of economics: Why are some nations rich and others are poor. Prominent economists Daron Acemoglu and James A. Rarely, however, do these readings use “ liberty ” as a primary metric. In the field of development economics, a growing body of literature is being contributed towards assessing a states’ capacity and its implication in long run growth economic growth.
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