Jan 17, 2020

It's the institutions, stupid! | Caracas Chronicles

This summer I’ve been reading Acemoglu and Robinson’s “Why Nations Fail.” It’s a terrific read in case you haven’t gotten your hands on it – Ángel Alayón did a great job summarizing it a few months ago. Now, I won’t bore you with the details of the book. I will, however, outline the authors’ basic …

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