Professor Robinson joins us for a candid discussion about his book, ‘Why Nations Fail’. In it, he makes the case that the key differentiator between countries is “institutions.” Nations thrive when they develop “inclusive” political and economic institutions, and they fail when those institutions become “extractive” and concentrate power and opportunity in the hands of only a few.

Dig Deeper

Take a look at some of the book reviews on “Why Nations Fail”:

* Why Nations Fail, New York Times, Thomas L. Friedman* Book review: ‘Why Nations Fail,’ by Daron Acemoglu and James A. Robinson, Washington Post, Warren Boss