Culture and Economic Action
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Culture and Economic Action

Edited by Laura E. Grube and Virgil Henry Storr

This edited volume, a collection of both theoretical essays and empirical studies, presents an Austrian economics perspective on the role of culture in economic action. The authors illustrate that culture cannot be separated from economic action, but that it is in fact part of all decision-making.
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Chapter 16: Indigenous African institutions and economic development

Emily Chamlee-Wright

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16. Indigenous African institutions and economic development* Emily Chamlee-­Wright 16.1 INTRODUCTION In the attempt to establish institutions which foster economic development in the third world, economists often look to the West as a model. Thi...

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