Empower the elites. Why do some societies maintain institutions that cause economic
backwardness? This is the vital question that MIT economist Daron
Acemoglu and Harvard economist James Robinson asked in their
seminal 2006 article, “Economic
Backwardness in Political Perspective” in the American
Political Science Review. ... MORERonald Bailey: Why Economic Backwardness Persists
Empower the elites. Why do some societies maintain institutions that cause economic
backwardness? This is the vital question that MIT economist Daron
Acemoglu and Harvard economist James Robinson asked in their
seminal 2006 article, “Economic
Backwardness in Political Perspective” in the American
Political Science Review. ... MORE