Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5068433 | European Journal of Political Economy | 2010 | 14 Pages |
Abstract
The character and the morality of citizens are important for prosperity because they go hand in hand with the great institutions of private property, democracy, and free markets. We establish this result by reference to the city-states of Athens and Sparta during the period 490-338 BC. Consequently, we conclude, countries in search of policies to escape from the trap of poverty should not only try to emulate the institutions of economically advanced countries but furthermore they should set up educational systems to infuse into the value systems of their citizens' compatible “ethos”.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
George C. Bitros, Anastassios D. Karayiannis,