How Long to Read Constitutional Environments and Economic Growth

How Long Does it Take to Read Constitutional Environments and Economic Growth?

It takes the average reader 4 hours and 26 minutes to read Constitutional Environments and Economic Growth by Gerald W. Scully

Assuming a reading speed of 250 words per minute. Learn more

Description

In this provocative work, Gerald Scully develops and empirically tests a theory about how a nation's constitutional setting affects its economic growth. Modern growth theory links the rise in the standard of living to capital formation, both physical and human, and to technological progress, and development economists continue to believe that the transformation of the less developed world cannot occur without massive government control of the economy. Scully, on the other hand, maintains that material advancement is as much affected by the choice of the economic, legal, and political institutions under which people live and work as it is by resource endowment and technological progress. Nothing in the neoclassical theory of growth considers the "rules of the game" under which capital is accumulated and innovation is made. Redressing this neglect, Scully proposes ways of measuring the economic, civil, and political freedom within a society's institutional framework, and he reveals that freedom, or the lack thereof, powerfully and demonstrably influences not only economic progress but also income distribution. Politically open societies grow at nearly three times the rate of those where freedom is more circumscribed, and they also have a more equitable distribution of income. Finally, Scully measures the effect of the size of the state on economic progress, showing that the larger the amount of government expenditures out of gross domestic product, the lower the rate of economic progress. Originally published in 1992. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

How long is Constitutional Environments and Economic Growth?

Constitutional Environments and Economic Growth by Gerald W. Scully is 258 pages long, and a total of 66,564 words.

This makes it 87% the length of the average book. It also has 81% more words than the average book.

How Long Does it Take to Read Constitutional Environments and Economic Growth Aloud?

The average oral reading speed is 183 words per minute. This means it takes 6 hours and 3 minutes to read Constitutional Environments and Economic Growth aloud.

What Reading Level is Constitutional Environments and Economic Growth?

Constitutional Environments and Economic Growth is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Constitutional Environments and Economic Growth?

Constitutional Environments and Economic Growth by Gerald W. Scully is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Constitutional Environments and Economic Growth by Gerald W. Scully on Amazon click the button below.