: Why Nations Fail
Why Nations Fail
The Origins of Power, Prosperity, and Poverty
Please join the Center for American Progress in a discussion with economist and winner of the 2005 John Bates Clark Medal, Daron Acemoglu, as he presents findings from his new book, Why Nations Fail: The Origins of Power, Prosperity, and Poverty. Acemoglu and co-author James Robinson conclude that manmade political and economic institutions that foster a strong middle class create powerful forces for economic growth and national success. They encourage investment because of well-enforced property rights. They harness the power of markets through better allocation of resources. They promote the entry of more efficient firms, and they make it easier for new businesses to get financing. These factors in turn generate broad-based civic participation in economic and social life.
Copies of Why Nations Fail will be available for purchase at the event.
Heather Boushey, Senior Economist, Center for American Progress
Daron Acemoglu, Author, Why Nations Fail; Professor of Economics, Massachusetts Institute of Technology
Michael Tomasky, Editor-in-Chief, Democracy: A Journal of Ideas; Special Correspondent, Newsweek/The Daily Beast