I recommend "Why Nations Fail" by Daron Acemoglu and James Robinson to anybody interested in the role of the state in economic development. It's hard to think of a more important question, and the ...

On January 6th, 2021, rioters stormed the United States Capitol building. To many of us, it felt like one of the bedrock institutional traditions of our democracy was in jeopardy: the peaceful ...

Daron Acemoglu is a professor at the Massachusetts Institute of Technology and a 2024 Nobel Laureate in economics. He has researched how successful nations rely on strong, reliable institutions. He ...