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What Did Acemoglu Get Wrong?

ROCKING OUR PRIORS

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Is Democracy Bad for Economic Growth?

The main channel fr which growth would reduce it is by providing good jobs for people, he says. "I don't think i completely agree that a labor regulation is sometimes very stifling in india" He also believes the more important democratic channels work through tribal institutions and participation into assemblies. 'If you have big deficit in terms of state capacity, deep rooted animosities between different ethnicities, different religions, or different groups'

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