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The Rise and Decline of Nations: Economic Growth, Stagflation, and Social Rigidities The Rise and Decline of Nations: Economic Growth, Stagflation, and Social Rigidities by Mancur Olson
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“Distributional coalitions slow down a society's capacity to adopt new technologies and to reallocate resources in response to changing conditions, and thereby reduce the rate of economic growth.”
― Mancur Olson, The Rise and Decline of Nations: Economic Growth, Stagflation and Social Rigidities
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