Jukka Aakula’s Reviews > Institutions and the Path to the Modern Economy: Lessons from Medieval Trade > Status Update
Jukka Aakula
is on page 254 of 526
External threats really can in certain situations increase not only co-operation but also have a positive effect on increasing the total income of the nation per year! Shown by Greif in the case of the Genoan republic. Using game theory and using statistics.
— Jul 27, 2022 04:23AM
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Jukka’s Previous Updates
Jukka Aakula
is on page 182 of 526
I am reading this a third time. Institutions change, new ones are created and old ones are destroyed. Trying to understand e.g. the institution of Finnish Foreign Policy (myöntyvyys, deterrence by appeasement). How it was reinforced by certain actors getting economic benefit and how it is now undermined also because of the collapse of the economic benefits besides the institution not working as deterrence.
— Jul 21, 2022 09:06PM

