The Rise and Decline of Nations: Economic Growth, Stagflation, and Social Rigidities

E804339

The Rise and Decline of Nations: Economic Growth, Stagflation, and Social Rigidities is a seminal economic and political analysis by Mancur Olson that explains how the accumulation of interest groups and institutional rigidities can hinder long-term economic growth and contribute to stagnation.

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Predicate Object
instanceOf book ⓘ
economics book ⓘ
political economy book ⓘ
academicReception widely cited in economics literature ⓘ
widely cited in political science literature ⓘ
argument accumulated interest groups create social rigidities ⓘ
distributional coalitions seek rents rather than productivity gains ⓘ
institutional sclerosis contributes to stagflation ⓘ
rent-seeking by organized groups leads to inefficiency ⓘ
social rigidities slow long-term economic growth ⓘ
stable societies accumulate interest groups over time ⓘ
author Mancur Olson ⓘ
buildsOn The Logic of Collective Action ⓘ
caseStudy Germany ⓘ
Japan ⓘ
United Kingdom ⓘ
United States ⓘ
countryOfOrigin United States ⓘ
focusesOn advanced industrial economies ⓘ
postwar economic performance ⓘ
genre economics ⓘ
political science ⓘ
public choice theory ⓘ
impact provided an interest-group explanation for postwar stagflation ⓘ
shaped debates on the role of institutions in growth ⓘ
influencedField comparative political economy ⓘ
growth economics ⓘ
new institutional economics ⓘ
public choice theory ⓘ
keyConcept collective action problem ⓘ
distributional coalition ⓘ
institutional sclerosis ⓘ
interest group accumulation ⓘ
rent-seeking ⓘ
language English ⓘ
mainSubject collective action ⓘ
distributional coalitions ⓘ
economic growth ⓘ
institutional rigidities ⓘ
interest groups ⓘ
stagflation ⓘ
publicationYear 1982 ⓘ
publisher Yale University Press ⓘ
theoreticalFramework Olson’s theory of distributional coalitions ⓘ
thesis political stability can paradoxically lead to economic stagnation through group rigidities ⓘ
societies with frequent disruptions or shocks may grow faster because they have fewer entrenched interest groups ⓘ

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Mancur Olson → notableWork → The Rise and Decline of Nations: Economic Growth, Stagflation, and Social Rigidities ⓘ