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Why Nations Fail

A Kule Conversation With Daron Acemoglu

A Cliff Küle Exclusive - Cliff Küle interviews MIT Economics Professor Daron Acemoglu, co-author with James Robinson of Why Nations Fail .. discusses the factors of what makes some nations wealthy & successful, but some nations poor & unsuccessful .. the key difference between countries is institutions. Nations thrive when they develop 'inclusive' political & economic institutions. Nations fail when those institutions become 'exclusive' & concentrate power & opportunity in the hands of only a few .. Acemoglu also discusses the factors relating to debt, lobbyists & banks on why nations fail ..outlines policy changes & solutions for a nation to be successful.

Click Here to listen to the interview.

 

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