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Would a Noble Prize in Economics (2024) satisfy your need for evidence ? "The three academics won the prize mostly for providing causal evidence of the influen
by mentalgear 1y ago
Would a Noble Prize in Economics (2024) satisfy your need for evidence ?
"The three academics won the prize mostly for providing causal evidence of the influence of the quality of a country’s institutions on its economic prosperity.
[...] a country that enforces property rights, limits corruption, and protects both the rule of law and the balance of power, will also be more successful at encouraging its citizens to create wealth, and be better at redistributing it."
"Nobel economics prize: how colonial history explains why strong institutions are vital to a country’s prosperity"
https://theconversation.com/nobel-economics-prize-how-colonial-history-explains-why-strong-institutions-are-vital-to-a-countrys-prosperity-expert-qanda-241305 https://theconversation.com/nobel-economics-prize-how-coloni...