“despite the absence of a real state monopoly on violence, early states were much more formidable structures than chiefdoms. And everywhere they appear, they are associated with the same cluster of features. These include new forms of specialization and an… — David Christian Copy Share Image
“Aghion’s conclusion is that we have to redesign fiscal systems so they distinguish clearly between the creation of value and the enjoyment of economic rents, even if, in practice, this distinction is not always easy to make.” — Jean Tirole Copy Share Image
