A first-rate book that bridges theory, history, and empirical analysis.
   --Nathan Sussman, Hebrew University

Why are some societies but not others able to encourage investments in places, people, and productivity? This book delivers a powerful message that the answer lies in large part in institutional differences across societies. It is the most successful interdisciplinary endeavor in the social sciences that I have ever had the pleasure to read.
   --Daniel Trefler, University of Toronto

Elhanan Helpman is Galen L. Stone Professor of International Trade at Harvard University and a Fellow at the Canadian Institute for Advance Research.

Read More by Elhanan Helpman:

• The Mystery of Economic Growth
• The Organization of Firms in a Global Economy