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Can two observations confirm a theory? A comment on Max U versus Humanomics

Published online by Cambridge University Press:  20 May 2015

ROBERT A. LAWSON
ROBERT A. LAWSON*
Affiliation:
Cox School of Business, Southern Methodist University, Dallas, TX, USA
*
*Email: [email protected]
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Abstract

Deirdre McCloskey's recent claim in this journal that the formal institutions of government do not explain the ‘bulk’ of modern income levels is examined. In fact, they do.

Type
Comment
Information
Journal of Institutional Economics , Volume 12 , Issue 1 , March 2016 , pp. 49 - 51
Copyright
Copyright © Millennium Economics Ltd 2015 

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References

Gwartney, J., Lawson, R., and Hall, J. (2014), Economic Freedom of the World: 2014 Annual Report, Vancouver: Fraser Institute.Google Scholar
McCloskey, D. N. (2015), ‘Max U versus Humanomics: A Critique of Neo-Institutionalism’, Journal of Institutional Economics. Published online. doi: 10.1017/S1744137415000053.Google Scholar