Journal ArticleDOI
Better off stateless: Somalia before and after government collapse
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In this article, the authors investigated the impact of anarchy on Somali development and found that Somalis are better off under anarchy than they were under government, and that renewed vibrancy in critical sectors of Somalia's economy and public goods in the absence of a predatory state are responsible for this improvement.About:
This article is published in Journal of Comparative Economics.The article was published on 2007-12-01. It has received 285 citations till now. The article focuses on the topics: Somali & Government.read more
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Informal institutions rule: institutional arrangements and economic performance
TL;DR: The authors examined the effect of formal and informal institutional arrangements on economic progress and found that formal institutions are only successful when embedded in informal constraints, and codifying informal rules can lead to negative unintended consequences.
Book
The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century
TL;DR: The "Four Horsemen" of leveling-mass-mobilization warfare, transformative revolutions, state collapse, and catastrophic plagues-have repeatedly destroyed the fortunes of the rich as discussed by the authors.
Journal ArticleDOI
Extreme Weather and Civil War: Does Drought Fuel Conflict in Somalia through Livestock Price Shocks?
TL;DR: In this article, the authors show that climate change leads to more frequent and more intense droughts in Somalia and that livestock price shocks drive drought-induced conflicts through reducing the opportunity costs of conflict participation.
Failed States: A Framework for Rebuilding a Fractured World
Ashraf Ghani,Clare Lockhart +1 more
TL;DR: In this paper, the authors assess why past interventions have failed and to provide a new framework for the future in weak and failed states, which is referred to as the sovereignty gap.
Journal ArticleDOI
Somalia after state collapse: Chaos or improvement?
TL;DR: In this paper, the authors take a comparative institutional approach to examine Somalia's performance relative to other African countries both when Somalia had a government and during its extended period of anarchy, finding that although Somalia is poor, its relative economic performance has improved during its period of statelessness.
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Posted Content
From Principles of Political Economy
TL;DR: In this paper, the following sections are included: Of Co-operation, or The Combination of Labor of Production on a Large, and production on a Small Scale, and of Cooperation and Cooperation of Labor
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Principles of Political Economy
TL;DR: The subject of Wealth has in all ages always constituted one of the chief practical interests of mankind, and, in some cases, a most unduly engrossing one as discussed by the authors.
Book ChapterDOI
Information and Efficiency: Another Viewpoint.
TL;DR: In this paper, the authors focus on the problem of efficiently allocating resources to the production of information and examine the mistakes and the vagueness associated with this approach, which is a critique of Arrow's analysis.