In Imperfect Institutions, Thrainn Eggertsson, Professor of Economics at the University of Iceland and Global Distinguished Professor of Politics at New York University, analyzes why institutions that create relative economic backwardness emerge and persist. Additionally, he considers the limits of institutional reform and proposes that imperfect social institutions are the problem when it comes to many nations not enjoying the full benefits of the technological revolution. http://www.press.umich.edu/titleDetailDesc.do?id=91126.