Comparing the Spread of Capitalism and Democracy

Name: Work Video:
Duration: 3 min 30 s
Description: We apply Leeson and Dean’s (2009) method for studying democratic dominoes to capitalist spillovers to compare the rates at which capitalism and democracy spread between countries. We find that capitalism and democracy spread at approximately the same modest rate.
Peter T. Leeson; Russell S. Sobel; Andrea M. Dean
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