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Functional Institutions are the Exception

Samo Burja · 9 Jul 2018 · samoburja.com

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  1. And just as a tornado cannot assemble a Boeing 747 by passing through a junkyard, functional institutions are not spontaneously generated. The machinery, if it functions, was assembled by someone with good judgment: the institution’s founder.
  2. It is much more difficult to make a dysfunctional institution functional than to create a functional institution from scratch; institutions will nearly always have internal forces that resist change, and diagnosing institutional dysfunction in the first place is challenging.