Essays: Professor Acemoglu and Why Nations Fail

My next favorite author, Daron Acemoglu, an economist, is a professor at MIT since 1993. He ranked third in the list of "Favorite Living Economists Under Age 60" in a 2011 survey among American economists, behind Paul Krugman and Greg Mankiw. And I don't doubt this acclaim. He co-authored 'Why Nations Fail' with James A. … Continue reading Essays: Professor Acemoglu and Why Nations Fail

WHY NATIONS FAIL – So Do You Know Why Some Nations Prosper and Some Fail?

"We live in an unequal world. The differences among nations are similar to those between the two parts of Nogales, just on a larger scale. In rich countries, individuals are healthier, live longer, and are much better educated. They also have access to a range of amenities and options in life., from vacations to career … Continue reading WHY NATIONS FAIL – So Do You Know Why Some Nations Prosper and Some Fail?