This year’s economics award reinforces a comforting but false story about democracy.
Princeton University will present its top awards for alumni to Elena Kagan ’81, associate justice of the Supreme Court of the ...
Conclusion of laureates Acemoglu, Johnson, Robinson - that prosperity depends on good (non-extractive) institutions, ...
Singapore is a good illustration of the importance of inclusive institutions to national development, but there’s more to be ...
Conventional economists seem to be incapable of understanding that what they take to be economics is only capitalist ...
This year’s Nobel laureates link democracy to economic success, but their theory ignores autocratic growth and rehashes old ...
Research shows that functioning democracies are better than autocracies at fostering and sustaining institutions that drive ...
In their 2012 book Why Nations Fail, Daren Acemoglu and James Robinson discussed how institutions determine the success or ...
As long as political institutions favour only the elite and neglect the general public, they will face credibility issues ...
The work of this year's Nobel prize winners in economics has much to say about the big choice facing Americans on November 5.
First of all, congratulations, to Han Kang and Korea as well. The prize goes to an individual, but the nation shares in the ...
However, civil society in Pakistan faces considerable challenges, including government restrictions, censorship and ...