Emergence and persistence of inefficient states by Daron Acemoglu, Davide Ticchi and Andrea Vindigni (2011). “We present a theory of the emergence and persistence of inefficient states based on patronage politics. The society consists of rich and poor. The…
Can democracy help with inequality? by Daron Acemoglu, Suresh Naidu, Pascual Restrepo and James A Robinson (2/2014) published by VOXEU. “Inequality is currently a prominent topic of debate in Western democracies. In democratic countries, we might expect rising inequality…