
Conversations with Tyler Daron Acemoglu on the Struggle Between State and Society
Dec 4, 2019
Daron Acemoglu, a renowned MIT economist and co-author of "The Narrow Corridor," delves into the crucial balance of power between state and society. He discusses how institutions shape nations' trajectories and the historical impacts of colonization on modern inequalities. Daron also examines the dynamics of democratization and how cultural legacies, like those from the Roman Empire, influence today's governance. He shares thoughts on Turkey's future, insights on women's rights in social hierarchies, and strategies to motivate graduate students.
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Colonial Institutions
- The US and Australia developed better institutions than their colonizer, Britain.
- Tropical colonies, however, adopted extractive institutions due to pre-existing civilizations and disease.
Reversal of Fortune
- Reversal of fortune shows areas prosperous in 1500 are less so today, countering geography-based theories.
- Institutional differences better explain income gaps than human capital or cultural arguments.
Jamestown's Success
- Jamestown settlers rejected the extractive model desired by the Virginia Company and British Crown.
- They fought for and established institutions like the headright system and the General Assembly.







