Barry R. Weingast is the Ward C. Krebs Family Professor in the Department of Political Science and a Senior Fellow at the Hoover Institution at Stanford University. He received his PhD from the California Institute of Technology in 1977. Professor Weingast spent ten years at Washington University in St. Louis in the Department of Economics and the School of Business. The recipient of the Riker Prize, the Heinz Eulau Prize and the James Barr Memorial Prize, he has also worked extensively with the World Bank and the US Agency for International Development. Professor Weingast co-authored Analytic...