The area with which I am most familiar is economic development. Without hyperbole, this is probably the most important book on economic development in the past decade or so. The reality of economic development is that, however we feel about them, elites exist and the elite bargain does matter. And an elite bargain that accelerates economic growth may not necessarily be the same bargain that maintains that growth. Have them be accountable to the people — and this is precisely why elections and an independent judiciary are so crucial — and perhaps we have a chance at a development bargain that will be inclusive and sustainable.
