Starr Forum: Why Nations Fail

Starr Forum: Why Nations Fail: The Origins of Power, Prosperity, and Poverty
A book talk featuring Daron Acemoglu and joining the conversation is John Tirman as a discussant
About the Speakers
Kamer Daron Acemoglu is a Turkish-American economist of Armenian origin. He is currently the Elizabeth and James Killian Professor of Economics at Massachusetts Institute of Technology and winner of the 2005 John Bates Clark Medal.
John Tirman is the Executive Director and a Principal Research Scientist at MIT's Center for International Studies. He is author of, most recently, The Deaths of Others: The Fate of Civilians in America's Wars (Oxford University Press, 2011).
Event recorded Monday, October 22, 2012
The MIT Center for International Studies (CIS) is a world premier, university-based research and education center. Learn more at cis.mit.edu/
The MIT Starr Forum is a flagship public event series hosted by CIS. Learn more at cis.mit.edu/ev...

[@cat-.-]

So going through all the interviews and events of this book I'm getting pretty familiar with the concepts without having turned a page. I'm now sitting in front of a copy I borrowed from the library and I'm looking forward to it!

[@ilovefredreika]

His book "Why Nations Fail" is a phenomenal achievement. It answered many questions for me.

[@sagebias2251]

One of the best books i have ever read.

[@sagebias2251]

@Greyson Isaac that is immoral. You should apologize.

[@NagendraKSahu]

One of Best book on cause of sustained Economic growth...

[@planetes2277]

thanks for uploading this knowledgeable video.

[@TotalRookie_LV]

The book is quite dry, yet interesting. It rings especially close to home in my case, as I was born and grew up in USSR, but then my country transitioned to democracy and joined EU, so I got real life experience of both - extractive and inclusive (more or less, it's not perfect) systems.

[@nickkorzh621]

nu nezinu ja mums faktiski ir "inclusive institutions", labak ar krievijaa, bet c`mon. Jus zinaat par mietiniem Rigaa, ka Seims pacela algas sev, bet ne arstiem, kas tagad buus komunaalie. ☹ Mes visi esam Eiropa, bet Latvija nav Holande.

[@TotalRookie_LV]

@@nickkorzh621 Varam paust savu viedokli vēlēšanās, bet ne jau visu kontrolē valdība vai pašvaldība. Pašam tagad par martu atnācis 215 eiro marta rēķins par mazu (zem 50m²), vecu dzīvoklīti.

[@nickkorzh621]

@@TotalRookie_LV Bet es mineju piemeru tiesi tam pasam lietam, ko viņi kontrolee, par degvielu pat nerunaasim. Valsti faktiski kontroee "Vienotība", kurai pedejas vēlēšanās bija 7%. Visa musu koalicijas sistema ir liels jautajums, cik tā ir "inclusive"? Bet drīz buus krize, un, kā saka Darons Acemoglu, pēc krīzēm vienmēr ir potenciāls "inklusivām" reformām. Man ir cerība uz mums! 😄

[@TotalRookie_LV]

@@nickkorzh621 Nu, bet koalīcija tomēr nav viena partija, vai ne? Turklāt neviens jau neliedz šos izbalsot. Es pats šobrīd svārstos starp divām citām partijām, vienīgais, kas liedz pieņemt lēmumu ir šaubas par to, vai viņas maz tiks pāri minimālajam slieksnim.

[@siewwahleong93]

It would help the West if their students and teaching staff are encouraged to get attachments in other countries and their institutions. This helps to open their minds. To understand how China works, its psyche, its history and development, you’d be more circumspect and accurate in your pronouncements if you’ve been there. If you can’t, you could listen to academics, writers and intellectuals who’ve been there and follow closely what’s happening there - try listening, reading Jeffrey Sachs, Kishore Mahbubani, Martin Jacques, etc.

[@denfolo5224]

I agree 100%! When I went to China, I was dumbfounded and my whole view of China changed forever. I had been taught in class and through the media about how negative and coercive China is. I was 27 at the time, and I had gone for business. Most of the commercial directors I met were very young too. So, we got to hang out. And I realized the fundamental reason why China blew up: the Chinese people believe in China. That is what foreign stakeholders strategically leave out. The Chinese psyche changed a long time ago. It is not just the authoritarian leadership of the CCP that transformed China; along the way, the people started wanting, working towards, eyeing and believing in economic leadership a long-time ago.

[@salmaelbourkadi]

Hello world! If you want to get a clear and detailed summary of "Why Nations Fail" by Daron Acemoğlu & James A. Robinson + the critics of the book, I just made this animated video that may be of help for you : kzbin.info/www/bejne/qH-2n5Rnbq6qmck

[@omarespinosa9826]

Now I know why such a rich country with natural resources like dominican republic is poor

[@Adam.G.Trapper]

Muscovy is a good example, always poor always oppressive