Mason 🏃♂️ ✂️ Retweeted scott cunningham
Super interesting + brief thread. Strikes me as an instantiation of the resource curse, but with an unusually narrow window for initial exploitation (lemon trees aren't terribly slow-growing) https://en.wikipedia.org/wiki/Resource_curse#Violence_and_conflict …https://twitter.com/causalinf/status/1064947723101712385 …
Mason 🏃♂️ ✂️ added,
scott cunningham @causalinf
Today in class, one of my students presented the "Origins of the Sicilian Mafia: The Market for Lemons" paper published last year in Journal of Economic History. Such a fascinating study. Low tech empiricism, but rich in historical detail and applied economic theory.
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