... determined and enforced. Formal rules, like constitutions, statutes and regulations, and governmental bodies, like courts and legislators, are institutions. So too, are informal rules that shape and ... capital, people and land - and land is always far cheaper outside cities than inside. Why don't capital and people move outside, combining themselves with cheaper land and increasing profits?" ... practices, cultural attitudes and values, and reputation, and the social constructs that guide and enable interpersonal and business relations. History influences the pace and trajectory of knowledge...