Acemoglu and Robinson’s goal is to explain why some nations are rich and others are poor. They present a theory based on the interaction between political and economic institutions. Casual empiricism suggests that its explanatory power is quite strong…
Tag: Mao
The Holodomor and Mao’s Famine
The Communist governments of Stalin and Mao were responsible for two of the worst famines in history…
Chinese Politics in the Time of Deng Xiaoping
The era in which Deng Xiaoping restructured the Chinese economy was also an era of social unrest, both within China and in the Eastern Bloc…
