The Natural Economic Advantage of Dictatorship over Democracy: A “Gresham's Law” of Governance
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- Martin C. McGuire & Mancur Olson Jr., 1996. "The Economics of Autocracy and Majority Rule: The Invisible Hand and the Use of Force," Journal of Economic Literature, American Economic Association, vol. 34(1), pages 72-96, March.
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- Omar Azfar, 2006. "The New Institutional Economics Approach to Economic Development: A Discussion of Social, Political, Legal, and Economic Institutions," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 45(4), pages 965-980.
More about this item
Keywordsautocracy; constitutional economics; decentralization; democracy; development; dictatorship; governance; political economy; public choice; public goods; rent seeking; social contract;
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