Daron Acemoglu

Daron Acemoglu

Erdogan’s drift from democracy is a lamentable, but almost predictable, stage of Turkey’s democratic transition. If Turkey is to eventually become a democracy -- and there is no guarantee that it will -- then there is no way to avoid this painful process of institutional rebalancing.

Review Essay
Jeffrey D. Sachs

According to Daron Acemoglu and James Robinson’s Why Nations Fail, economic development hinges on a country’s political institutions. But their monocausal analysis ignores other important factors (such as geography) that can also affect growth.