Wednesday, May 9, 2012

Does innovation precede institutions or vice versa?

In other words, the existing evidence, in contrast to what is presumed in Diamond’s argument and the conventional wisdom, is that institutional innovation did not follow transition to agriculture, but preceded it. In fact, it was this institutional innovation which allowed the technological changes at the heart of the Neolithic Revolution. 
So most likely, the Neolithic Revolution is also not about geography but all about institutions.
Read it at Why Nations Fail
What Really Happened During the Neolithic Revolution?
by Daron Acemoglu and James Robinson

1 comment:

STF said...

And the Institutionalists are validated once again. :)