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

  • ROBERT A. LAWSON (a1)

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.

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

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

  • ROBERT A. LAWSON (a1)

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