Importance of Institutions: Critical Junctures

Acemoglu & Robinson’s thesis on the divergence of economic outcomes between nations is that small institutional differences lead to much different outcomes in face of a critical juncture. Read more…

via http://www.oneschoolsystem.org/blog/education-in-ontario-a-critical-juncture
via http://www.oneschoolsystem.org/blog/education-in-ontario-a-critical-juncture

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