Voice and Growth: Was Churchill Right?

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Voice and Growth: Was Churchill Right?

Author Info

LINDERT, PETER H.

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Peter H. Lindert

Abstract

The debate over whether political democracy is the least bad regime, as Churchill said, remains unresolved because history has been misread, and because statistical studies have chosen the wrong tests. This address reinterprets five key experiences to show how the institutional channels linking voice and growth are evolving with the economy. Until the early nineteenth century, the key institutional link was property-rights and contract enforcement. Since then, the human-investment channel has assumed an ever-greater role. Elite rule damages growth by underinvesting in egalitarian human capital, especially primary schooling, relative to historical norms for successful economies.This Presidential Address was delivered at the Economic History Association Annual Meeting, 12 October 2002, in St. Louis, Missouri.

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Publisher Info
Article provided by Cambridge University Press in its journal The Journal of Economic History.

Volume (Year): 63 (2003)
Issue (Month): 02 (June)
Pages: 315-350
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Handle: RePEc:cup:jechis:v:63:y:2003:i:02:p:315-350_00

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Paper
- Peter H. Lindert, 2003. "Voice and Growth: Was Churchill Right?," NBER Working Papers 9749, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
- Lindert, Peter, 2002. "Voice and Growth: Was Churchill Right?," Working Papers 02-6, University of California at Davis, Department of Economics. [Downloadable!]

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Bird, Richard M. & Martinez-Vazquez, Jorge & Torgler, Benno, 2008. "Tax Effort in Developing Countries and High Income Countries: The Impact of Corruption, Voice and Accountability," Economic Analysis and Policy (EAP), Queensland University of Technology (QUT), School of Economics and Finance, vol. 38(1), pages 55-71, March. [Downloadable!]
Richard Bird & Jorge Martinez-Vazquezb & Benno Torgler, 2007. "Tax Effort: The Impact of corruption, Voice and Accountability," International Tax Program Papers 0702 Classification - JEL, International Tax Program, Institute for International Business, Joseph L. Rotman School of Management, University of Toronto. [Downloadable!]
Other versions:
- Richard M. Bird & Jorge Martinez-Vazquez & Benno Torgler, 2007. "Tax Effort: The Impact of Corruption, Voice and Accountability," CREMA Working Paper Series 2007-13, Center for Research in Economics, Management and the Arts (CREMA). [Downloadable!]
- Richard Bird & Jorge Martinez-Vazquez & Benno Torgler, 2007. "Tax Effort: The Impact of Corruption, Voice and Accountability," School of Economics and Finance Discussion Papers and Working Papers Series 223, School of Economics and Finance, Queensland University of Technology. [Downloadable!]
Eloranta, Jari, 2004. "WARFARE AND WELFARE? Understanding 19th and 20th Century Central Government Spending," The Warwick Economics Research Paper Series (TWERPS) 699, University of Warwick, Department of Economics. [Downloadable!]
Becker, Sascha O. & Wößmann, Ludger, 2007. "Was Weber Wrong? A Human Capital Theory of Protestant Economic History," Discussion Papers in Economics 1366, University of Munich, Department of Economics. [Downloadable!]
Other versions:
- Sascha O. Becker & Ludger Woessmann, 2007. "Was Weber Wrong? A Human Capital Theory of Protestant Economic History," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
- Sascha O. Becker & Ludger Woessmann, 2007. "Was Weber Wrong? A Human Capital Theory of Protestant Economic History," IZA Discussion Papers 2886, Institute for the Study of Labor (IZA). [Downloadable!]
- Sascha O. Becker & Ludger Woessmann, 2009. "Was Weber Wrong? A Human Capital Theory of Protestant Economic History," The Quarterly Journal of Economics, MIT Press, vol. 124(2), pages 531-596, May. [Downloadable!] (restricted)
James A. Robinson, 2006. "Equity, Institutions and the Development Process," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 32, pages 17-50. [Downloadable!]
Richard M. Bird & Jorge Martinez-Vazquez & Benno Torgler, 2004. "Societal Institutions and Tax Effort in Developing Countries," International Tax Program Papers 0411, International Tax Program, Institute for International Business, Joseph L. Rotman School of Management, University of Toronto. [Downloadable!]
Other versions:
- Richard M. Bird & Jorge Martinez-Vazquez & Benno Torgler, 2004. "Societal Institutions and Tax Effort in Developing Countries," International Studies Program Working Paper Series, at AYSPS, GSU paper0406, International Studies Program, Andrew Young School of Policy Studies, Georgia State University. [Downloadable!]
- Richard M. Bird & Jorge Martinez-Vazquez & Benno Torgler, 2004. "Societal Institutions and Tax Effort in Developing Countries," CREMA Working Paper Series 2004-21, Center for Research in Economics, Management and the Arts (CREMA). [Downloadable!]
Bird, Richard M., 2008. "Tax challenges facing developing countries," Working Papers 08/als1, National Institute of Public Finance and Policy. [Downloadable!]
Other versions:
- Richard Bird, 2008. "Tax Challenges Facing Developing Countries," Working Papers Series 12, Rotman Institute for International Business, Joseph L. Rotman School of Management, University of Toronto, revised Mar 2008. [Downloadable!]
- Richard Bird, 2008. "Tax Challenges Facing Developing Countries," International Studies Program Working Paper Series, at AYSPS, GSU paper0802, International Studies Program, Andrew Young School of Policy Studies, Georgia State University. [Downloadable!]
- Richard M. Bird, 2008. "Tax Challenges Facing Developing Countries," Working Papers id:1618, esocialsciences.com. [Downloadable!]
Marcus Noland, 2003. "Religion, Culture, and Economic Performance," Peterson Institute Working Paper Series WP03-8, Peterson Institute for International Economics. [Downloadable!]

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