Ideas tagged with institutions
I present a simple index to gauge the relative valuation of labor over capital in a country (LoCI). This index should correlate positively with the wealth and HDI of the country, and negatively with the precariousness of life of basic service providers at the bottom of the pyramid in that countr...
Online communities are high-throughput laboratories for governance change and innovation. Elinor Ostrom's idea of institutional diversity, that sustainable resource governance requires a diversity of governance forms and approaches, is well represented by the diversity and complexity of online r...
By Seth Frey, Nicholas Vincent, Nathan Schneider, Amy Zhang, Joshua Tan, Shauna Gordon-McKeon
For better or worse, a large part of the politicians sitting in national/regional parliaments or similar positions of power are trained law professionals. As lawmakers, they have the unique opportunity to influence the amount of available work for their own profession (particularly if they don't...