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Why, from the eighteenth century onwards, did some countries embark on a path of sustained economic growth, while others stagnated? This text looks at the kind of institutions that are required in order for change to take place, and Ringmar concludes that for sustained development to be possible, change must be institutionalized. Taking a global view, Ringmar investigates the implications of his conclusion on issues facing the developing world today.

Human life cannot be reduced to market transactions and human beings cannot only be treated as economic actors. When the power of the market increases, human beings will always try to protect themselves. Given the differences that exist in social and cultural traditions, these protective responses are likely to differ from one society to the other. This is why, even in a global market, diversity is always likely to persist. This book investigates the question of economic globalization - whether it is likely to lead to full convergence between political models and ways of life, or whether,...

Why, from the eighteenth century onwards, did some countries embark on a path of sustained economic growth, while others stagnated? This text looks at the kind of institutions that are required in order for change to take place, and Ringmar concludes that for sustained development to be possible, change must be institutionalized. Taking a global view, Ringmar investigates the implications of his conclusion on issues facing the developing world today.

Human life cannot be reduced to market transactions and human beings cannot only be treated as economic actors. When the power of the market increases, human beings will always try to protect themselves. Given the differences that exist in social and cultural traditions, these protective responses are likely to differ from one society to the other. This is why, even in a global market, diversity is always likely to persist. This book investigates the question of economic globalization - whether it is likely to lead to full convergence between political models and ways of life, or whether,...

For most of its history Europe was a thoroughly average part of the world: poor, uncouth, technologically and culturally backward. By contrast, China was always far richer, more sophisticated and advanced. Yet it was Europe that first became modern, and by the nineteenth century China was struggling to catch up. This book explains why. Why did Europe succeed and why was China left behind? The answer, as we will see, does not only solve a long-standing historical puzzle, it also provides an explanation of the contemporary success of East Asia, and it shows what is wrong with current...

There was never such a thing as true freedom of speech. In the past, in order to speak freely you had to have access to a printing press, a newspaper, a radio or a TV station. And everywhere you had to get past the editors. Only members of the elite ever did - the articulate and well-behaved 'representatives' of ordinary people. But those ordinary people hardly, if ever, had a chance to speak publicly and freely.

Until now. The age of blogging has begun. The internet revolution has given us all a chance to be irreverent, blasphemous and ungrammatical in public. We can reveal...