Why Nations Fail

Caste and coercion in Nepal

By Daron Acemoglu and James A. Robinson
March 15, 2012

Slavery in Nepal was abolished only in 1921. Corvée, forced labor, was made illegal in 1952, but survived. It was only in 2000 that various sorts of coerced and bonded labor finally disappeared.

Who’s afraid of economic development?

By Daron Acemoglu and James A. Robinson
March 15, 2012

Surely even the most kleptocratic dictator would be in favor of economic development. Economic development means greater income, greater taxes and more stuff to grab, so what’s not to like about it? But actually, it often doesn’t work that way.