Daron Acemoglu is an Institute Professor at MIT. In 2005 he received the John Bates Clark Medal, given to economists under age forty judged to have made the most significant contribution to economic thought and knowledge; in 2012 he was awarded the Erwin Plein Nemmers Prize in Economics for work of lasting significance; and in 2016 he received the BBVA Frontiers of Knowledge Award in Economics, Finance, and Management for his lifetime contributions.
Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weat...[SEE MORE]