Re: Nobel Science

From: Paul Cockshott (wpc@DCS.GLA.AC.UK)
Date: Wed Oct 13 2004 - 11:30:53 EDT


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Is this the ideologie du jour?  I've run similar arguments a couple of
times
recently -- secure rights to property and contract account for
astounding
development in places which have otherwise stagnated (rural china); lack
of
such institutions account for the failure of the failed states of the
third
world.

howard
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How is this the same thing as Prescott was saying?
 


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