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Dictatorship, Democracy, and Development

Author: Mancur Olson
Edition/Format: Chapter Chapter : English
Summary:
Part of a series of writings that began with the author's essay on ‘Autocracy, Democracy, and Prosperity’, published in 1991. It puts forth, in an intuitive and non‐technical way, a part of the theory that is set out with formal proofs and crucial additional results in McGuire and Olson's ‘Economics of Autocracy and Majority Rule’. It analyses the kings or dictators who control autocratic governments—and the  Read more...
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All Authors / Contributors: Mancur Olson
ISBN: 9780198294900; 9780191596728
Publication:Olson, Mancur, editor (Center for Institutional Reform and the Informal Sector (IRIS)); A Not-so-dismal Science : A Broader View of Economies and Societies; Oxford University Press
Language Note: English
Unique Identifier: 5104816959
Awards:
Other Titles: Chapter 4

Abstract:

Part of a series of writings that began with the author's essay on ‘Autocracy, Democracy, and Prosperity’, published in 1991. It puts forth, in an intuitive and non‐technical way, a part of the theory that is set out with formal proofs and crucial additional results in McGuire and Olson's ‘Economics of Autocracy and Majority Rule’. It analyses the kings or dictators who control autocratic governments—and the oligarchies or majorities or other ruling interests that control other types of government—in just the way that economists analyse the behaviour of firms, consumers, and workers. That is, it takes a broader approach to economics by applying the familiar assumption of rational self‐interest to the autocrats or other ruling interests that control a government, and then finds what types of policy will best serve the ruling interest.

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