Media Outlet:
GBH Publication Date:
Description:
Prof. Daron Acemoglu and Prof. Simon Johnson, recipients of the 2024 Nobel Prize in economics, join Boston Public Radio to discuss their research examining the role of institutions in creating shared prosperity. “For the longer-term health of the U.S. economy,” says Acemoglu, “there’s probably nothing more important than its institutions. If any president, any politician, any party damages those institutions, that’s the first thing we should focus on.” Johnson adds: “Democracy has to deliver on shared prosperity. Otherwise people get very annoyed and they question the system.”