I recommend "Why Nations Fail" by Daron Acemoglu and James Robinson to anybody interested in the role of the state in economic development. It's hard to think of a more important question, and the ...
Nations fail because of their institutions, write Daron Acemoglu and James Robinson. The two should know. Along with Simon Johnson, they were awarded the Nobel Prize in Economics for their ...
On January 6th, 2021, rioters stormed the United States Capitol building. To many of us, it felt like one of the bedrock institutional traditions of our democracy was in jeopardy: the peaceful ...