Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are?
No one is better equipped to answer these questions than Daron Acemoglu, co-author of the award-winning book Why Nations Fail: The Origins of Power, Prosperity, and Poverty.
In April 2014, Canada 2020 hosted Daron Acemoglu, Professor of Economics at the Massachusetts Institute of Technology, for a free, open, public event in Ottawa.
Drawing on the themes of his award-winning and best-selling book, Daron traced the man-made political and economic institutions that underlie economic success (or the lack of it).
From the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa, Daron uses these historical examples to build a new theory of political economy.