Books for a good summer or winter read: Thought-provoking, perhaps controversial, and certainly worth reading!
"Two Paths to Prosperity: Culture and Institutions in Europe and China, 1000–2000" by Avner Greif, Joel Mokyr, and Guido Tabellini.
"In this landmark book, three
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Books for a good summer or winter read: Thought-provoking, perhaps controversial, and certainly worth reading!
"Two Paths to Prosperity: Culture and Institutions in Europe and China, 1000–2000" by Avner Greif, Joel Mokyr, and Guido Tabellini.
"In this landmark book, three leading economists offer a bold new account of why Europe and China evolved along such different trajectories. In the early Middle Ages, public goods like risk sharing, religious worship, education, and conflict resolution were provided by nonstate organizations in both societies. China increasingly relied on kin-based cooperation within clans, while weaker kinship ties in Europe gave rise to corporations such as guilds, universities, and self-governing towns. Despite performing similar functions, clans and corporations were built on very different principles—with lasting consequences until today."
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