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The Invisible Hand and the Grabbing Hand

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NBER1996-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w5856
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Evidence from a survey of 105 shop-owners in Moscow and Warsaw shows that the reliance on private protection, as well as the burden of regulation and corruption, are much greater in Moscow. The evidence suggests that the `invisible hand' model of government better fits the Warsaw local government,
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1996-12-01
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