Economic Progress and Institutions


This conference focused on creating a discussion around the central issue of why some countries reform and prosper while others stagnate. Conflicting views on the explanations—cultural, geographical, and institutional—were relied upon to promote a robust and thoughtful discussion.


Conference Readings

Acemoglu, Daron and James A. Robinson. Why Nations Fail: The Origins of Power, Prosperity, and Poverty. New York: Crown Publishers, 2012.

Baumol, William J., Robert E. Litan, and Carl J. Schramm. Good Capitalism, Bad Capitalism, and the Economics of Growth and Prosperity. New Haven: Yale University Press, 2007.

Clark, Gregory. A Farewell to Alms: A Brief Economic History of the World. Princeton: Princeton University Press, 2007.

Diamond, Jared. Guns, Germs, and Steel: The Fates of Human Societies. New York: W.W. Norton & Company, Inc., 1999.

Landes, David S. The Wealth and Poverty of Nations: Why Some Are So Rich and Some Are So Poor. New York City: W. W. Norton and Co., 1998.

McCloskey, Deirdre N. Bourgeois Dignity: Why Economics Can't Explain the Modern World. Chicago: University of Chicago Press, 2010.

North, Douglass C. Understanding the Process of Economic Change. Princeton: Princeton University Press, 2005.

Quigley, Carroll. The Evolution of Civilizations. Indianapolis: Liberty Fund, Inc., 1979.