Daron Acemoglu’s New Book Answers the Question: Why Do Nations Fail?

By TAP Staff Blogger

Posted on March 30, 2012

What factors determine the wealth of a country? In a recently released book, Why Nations Fail, Daron Acemoglu, Killian Professor of Economics at MIT and James Robinson, professor of Government at Harvard University, look at the reasons why some nations are rich, while others are poor. The authors contend that man-made political and economic institutions bring about success or failure for a country. Why Nations Fail uses a theory of political economy based on fifteen years of collaborative research, combining analysis from economics, history, sociology and political science.
The book has already garnered media mentions from the likes of The New York Times, The Economist, The Wall Street Journal twice and Forbes.  Acemoglu and Robinson also co-wrote two articles for The Huffington Post; the first looks specifically at U.S. financial inequality, the second examines China's potential for continued economic growth.
Acemoglu is a TAP scholar and MIT professor who focuses his research on political economy and economic development. View a select list of his past research from the TAP site. You can also watch a video clip of Professor Acemoglu discussing his thoughts on the economy in the U.S. and China.

Do you want a chance to win a copy of Why Nations Fail? TAP’s Twitter handle @TAPolicy will be giving away two copies of the book next Wednesday, April 4, at noon (EDT). Individuals who retweet our message about the recently released book and follow @TAPolicy will be eligible to win.