From WILL - Focus -

Why Nations Fail: The Origins of Power, Prosperity, and Poverty

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(Duration: 51:25)

Why are some nations rich and others poor? Many explanations have been offered: culture, geography, even weather. But MIT economist Daron Acemoglu says what matters most are the political and economic institutions made by people. We’ll hear more about the root causes behind success and failure and talk about what might be done to build widespread prosperity.

This is a repeat broadcast from Thursday, May 10, 2012, 10 am