Mancur Olson is best known for his 1965 book, The Logic of Collective Action, in which he explained why small, concentrated interest groups are more likely to influence policy than large, dispersed groups. Olson’s work, together with that of other public choice …
Continue reading →Source: http://www.the-pension-service.info/the-deeper-causes-of-britains-economic-stagnation-2/
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