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" Systems of mutual help are vulnerable to collapse if some community members have opportunities outside. Then the risk of being excluded is not that terrifying anymore, making it tempting to default on obligations. Anticipating this, community members "

Abhijit V. Banerjee , Good Economics for Hard Times: Better Answers to Our Biggest Problems


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Abhijit V. Banerjee quote : Systems of mutual help are vulnerable to collapse if some community members have opportunities outside. Then the risk of being excluded is not that terrifying anymore, making it tempting to default on obligations. Anticipating this, community members