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Differences in Prosperity Between Nations
We have just posted a new podcast entitled: Differences in Prosperity Between Nations.
The Nobel Prize in Economics for 2024 has just been awarded to Daron Acemoglu (Massachusetts Institute of Technology), Simon Johnson (Massachusetts Institute of Technology), and James Robinson (University of Chicago). Their work has demonstrated the importance of societal institutions for a country’s prosperity. Societies with a poor rule of law and institutions that exploit the population do not generate growth or change for the better. Today’s podcast has a short discussion of their work. To listen to this podcast, go to Intrinsic Value Wealth Report Radio.