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"Sovereigns thus specialized in ownership rather than control...If they governed well, the wealth of their polity increased...the era in which economic growth began to skyrocket was still characterized by a highly coherent decision structure within the state..."https://twitter.com/InnovGovernance/status/1025373708079321089 …
"..exercised by those whose incentives were aligned with economic progress. These polities exhibited this institutional form due to previous instances of sovereign entrepreneurship, during which the apparatus of the state-firm was constructed."
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