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Tale of two cities. A comparative study of relationship between education and economic prosperity
(Faculty of Economics and Sociology of the University of Lodz, 2016-07)
Over the last century, the social function and the role of the universities and other higher education institutions (HEI) changed significantly. What the contemporary students expect to gain due to their university education ...
Institutions Without Culture. A Critique of Acemoglu and Robinson's Theory of Economic Development
(Faculty of Economics and Sociology of the University of Lodz, 2016-08)
Acemoglu and Robinson’s theory presented in their famous Why Nations Fail, and other papers, should be placed among the institutional theories of economic development. Yet the problem is they strongly differentiate their ...