“Two Paths to Prosperity: Culture and Institutions in Europe and China, 1000–2000” by Avner Greif, Guido Tabellini and Joel Mokyr
Edmund Burke remarked in 1790 that “… which in the first instance is prejudicial may be excellent in its remoter operation… The reverse also happens: and very plausible schemes, with very pleasing commencements, have often shameful and lamentable conclusions.” The course of the French Revolution soon proved him right. Two Paths to Prosperity reaffirms Burke’s…













