The Richard Paul Richman Center for Business, Law, and Public Policy at Columbia Business School

presents

 A talk with Daron Acemoglu and James Robinson, authors of

 “Why Nations Fail”

 And presentation of the 2013 George S. Eccles Prize for Excellence in Economic Writing

Tuesday, April 23, 2013

Faculty House • Columbia University

New York, New York

6:00 p.m. – 8:30 p.m.

(Limited space available)

Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine?

With the publication of their latest book, M.I.T. economist Daron Acemoglu and Harvard political scientist James A. Robinson argue that the key differentiator between countries is “institutions.” Nations prosper when they develop “inclusive” economic and political institutions, and they fail when those institutions become “extractive” and concentrate power and opportunity in the hands of an elite few. In a question-and-answer event moderated by Glenn Hubbard, dean of Columbia Business School and Russell L. Carson Professor of Finance and Economics, Acemoglu and Robinson offer a new theory of political economy for understanding our globalized and integrated world, drawing on 15 years of research.