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Property rights and the economic origins of the Sicilian mafia

Posted on 13 March 2012

Fascinating abstract of a new paper by Paolo Buonanno, Ruben Durante, Giovanni Prarolo, and Paolo Vanin: This research attempts to explain the large differences in the early diffusion of the mafia across different areas of Sicily.
We advance the hypothesis that, after the demise of Sicilian feudalism, the lack of publicly provided property-right protection from widespread banditry favored the development of a florid market for private protection and the emergence of a cartel of protection providers: the mafia………………………………………..Full Article: Source


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