Exploring the Role of Institutions in Economic Development

As China prepares a raft of stimulus measures to reboot the country’s domestic economy, Adam and Cameron discuss whether or not the measures will be effective.

Also on the show: Adam and Cameron continue their tradition of discussing the annual Nobel Memorial Prize in Economic Sciences. The 2024 prize went to Daron Acemoglu, Simon Johnson, and James A. Robinson, whose work helped highlight differences in prosperity between nations.

To learn more about their work, check out this paper by the three winners on the causes of long-run growth: https://www.nber.org/papers/w10481

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