Government spending should be regarded as a social and political phenomenon, not merely as a technical choice. We argue that there is an implicit contract between the organized elites and politicians which often leads to a pro-elite allocation of public resources. A natural and simple taxonomy...

Explicitly accounting for certain basic physical laws governing the “earth” sector dramatically enriches our ability to explain a high degree of diversity in observed patterns of economic growth. We provide a theoretical explanation of why some countries have been able to sustain a more or...

The debate about the governance of complex systems of production represents a rich branch of the literature of applied organization theory. The particular application to agro‐related networks is a relevant example since agriculture plays new roles in modern society. The core of the analysis is...