Institutional development in the West

Is social cohesion an absence of differences, or acceptance of differences Economists have argued that social cohesion & trust are important for economies to grow. But they have often mistaken cohesion to mean the lack of differences. If capitalism in Holland is anything to go by, it’s not the lack of differences, but an acceptance of it that leads to a cohesive society. Measuring social cohesion Having argued that social cohesion matters for economic performance economists set out to establish it. This was “achieved” by measuring social cohesion and relating it to growth (of course, teasing out other factors). Unfortunately, […]

Social cohesion & the Dutch revolution