Isn't there a long history of countries denigrating other countries'
potential because of cultural failings, especially when religious
differences were concerned?  Don't A&R fall into that genere, except
that the relevant religion is market worship?

On Fri, Oct 19, 2012 at 2:22 PM, Richard Lipsey <[log in to unmask]> wrote:
>
> I believe Acemoglu and Robinsons' treatment is useful but one sided. I agree
> with Jared Diamond in his review( New Your Review of Books) that even on
> their own level of analysis they omit some important forces, such as access
> to waterways, climate, and soil fertility.


-- 
Michael Perelman
Economics Department
California State University
Chico, CA
95929

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