Games in Economic Development: Book Review

[t]he principal differences between rich and poor communities originate in institutional heterogeneity that leads the former towards cooperative, high-return outcomes while burdening the poor with frequent coordination failures and Pareto inferior equilibria. 

[i]n the author's view the constraints that trap so many people in grinding poverty are associated less with technological or material shortcomings than they are with human dysfunction. 

With the right rules and motivations, we can check our sinful excesses and even serve the greater good; without good rules and norms, however, chaos and misery too often prevail.  

 Read the complete review here.