Hot answers tagged political-economy
When i[sic] type in the "Howie huber[sic] love[sic] to receive his bonus in the bank" into Google, it doesn't show the notoriously[sic] Howie Huber. I can answer this part at least! This is probably because his last name is actually Hubler, with an "l", not "Huber".
Jared Diamond, a cross-discipline scholar who's work more or less accurately reflects modern thinking in History, Sociology and human evolution and biology, makes a detailed review of their work here. He's pretty enthusiastic about it overall, but he does note some problems. Here's the summary: My overall assessment of the authors’ argument is that ...
The real dichotomy is the balance between Democracy and Meritocracy. Sometimes an oligarchy is more meritocratic in a given context than a democracy, sometimes it isn't. So to answer your question (Under what circumstances would a tight oligarchy tend to outperform, and under what circumstances would a democracy?): Oligarchy: When entry into the ...
Only top voted, non community-wiki answers of a minimum length are eligible