Originally published on Economics from the Top Down. Governments are different than firms, right? Perhaps not. In Part 1 of this series, I argued that when it comes to size, governments behave like they’re ‘just another firm’. In this post, I’m going to extend the evidence. I’ll first show you that as economies develop, governments […]
Continue Reading
Originally published on Economics from the Top Down. I have a confession. I’m a political economist by trade, but I spend most of my time reading outside my discipline. I read about physics, cosmology, biology … the list goes on. Basically, if it’s not political economy, I read it. Usually this reading doesn’t relate to […]
Continue Reading
Originally published on Economics from the Top Down. In this post, I’m going to return to the relation between energy and institution size. When we left off last time (in Groping in the Dark), I had described my struggle to understand how the size of firms and governments changes with energy use. It took me […]
Continue Reading