Washington, D.C. — On Friday, March 23, Daron Acemoglu, economist and winner of the 2005 John Bates Clark Medal, will present 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.
This is the third in a yearlong series of events and publications on the importance of the middle class to our economy. Click here to review resources from previous events.
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
Friday, March 23, 2012
9:30 a.m. – 10:30 a.m.
Center for American Progress
1333 H St. NW, 10th Floor
Washington, D.C. 20005
Map & Directions
RSVP to attend this event
For more information, please contact Katie Peters at KPeters@americanprogress.org.