Daron Acemoglu

Why are some nations more prosperous than others? Why Nations Fail sets out to answer this question, with a compelling and elegantly argued new theory: that it is not down to climate, geography or culture, but because of institutions. Drawing on an extraordinary range of contemporary and historical examples, from ancient Rome through the Tudors to modern-day China, leading academics...

The internationally bestselling authors of Why Nations Fail explore how different societies develop, resolve, or fail to resolve, conflicts. Based on decades of research, the authors present a powerful new big-picture framework in The Narrow Corridor. They explain how some countries progress towards and provide liberty, while others descend into despotism, anarchy, or are suffocated by norms. The book reveals...

WINNERS OF THE 2024 NOBEL PRIZE FOR ECONOMICS LONGLISTED FOR THE BAILLIE GIFFORD PRIZE LONGLISTED FOR THE FINANCIAL TIMES AND SCHRODERS BUSINESS BOOK OF THE YEAR SHORTLISTED FOR THE LIONEL GELBER PRIZE A FINANCIAL TIMES TECHNOLOGY BOOK OF THE YEAR UPDATED WITH A NEW PREFACE 'The blueprint we need for the challenges ahead' — Shoshana Zuboff 'If you are not...

NEW YORK TIMES AND WALL STREET JOURNAL BESTSELLER - From two winners of the 2024 Nobel Prize in Economic Sciences, “who have demonstrated the importance of societal institutions for a country’s prosperity”. “A wildly ambitious work that hopscotches through history and around the world to answer the very big question of why some countries get rich and others don’t.”—The New...

Shared prosperity, equality, democratic values and the free pursuit of knowledge. Liberalism promised much, and even delivered on some of those promises. But now the remaining relics of establishment liberalism are being eroded by elitism, intolerance and rising autocracy. What went wrong? And what comes next? Liberalism flourished as the underdog in a sea of competing political ideologies. But once...

Throughout history, technological change—whether in the form of agricultural improvements in the Middle Ages, the Industrial Revolution, or today's artificial intelligence—has been viewed as a main driver of prosperity, working in the public interest. The reality, though, is that technology is shaped by what powerful people want and believe, generating riches, social respect, cultural prominence, and further political voice for...