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04/10/2005

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killy

Thanks

Ryan Peterson

Dr. Becker,

A recent article by Daron Acemoglu, Simon Johnson, Pierre Robinson, and Pierre Yared (http://econ-www.mit.edu/faculty/download_pdf.php?id=1090 ) suggests that the link between wealth and democratization is not causal and can be explained by omitted variable bias.

You say above that "The evidence supporting the causation from economic growth to greater democracy is not based on a single study, but a history of studies for the past 40 years. I know of no respectable recent evidence that overthrows this conclusion." Do you have any opinion of the above study? Is it simply not compelling (either due to flaw or simply because of the weight of previous evidence)?

Respectfully,
Ryan Peterson

M. Simon

I think property rights are important in a poor country because they allow begining of an individual business that is not farming.

Such small stake holders advance the desire for republican democracy.

killy

Thanks once more for interesting comments. I have a few reactions.

John Smith

I am amazed at how many people think that until you have a "study" on some idea, you can't know whether it's true or not. Many social phenomena are unmeasureable by studies.

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