How to Eradicate Poverty

Gary Eckstein Management 0 ayn rand, Capitalism, daron acemoglu, democracy, Economics, freedom, government, heritage foundation, milton friedman, wall street journal

Daron Acemoglu, the Charles P. Kindleberger Professor of Applied Economics at the MIT Department of Economics, has written an excellent article for Esquire titled ‘What Makes a Nation Rich? One Economist’s Big Answer’. The hypothesis that Acemoglu proposes is that political and economic freedom are the ingredients for poverty reduction. The argument proposed is certainly [...]