The Morning Brief Nobel Laureate James A Robinson On Power and Prosperity, AI and Society
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Nov 11, 2025 James A. Robinson, co-winner of the 2024 Nobel Prize in Economics and co-author of 'Why Nations Fail,' dives deep into the dynamics of power and prosperity. He asserts that inclusive institutions, not authoritarian efficiency, are key to a nation’s success. Robinson critiques simplistic ideas like 'geography is destiny' and discusses India's democratic resilience amidst ongoing caste issues. He also warns about the inequities posed by AI and explores the potential of Africa’s growth against the backdrop of globalization's future.
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Inclusive Institutions Need Strong, Accountable States
- Inclusive economies require both a strong state and broad distribution of political power for participation and accountability.
- You cannot sustain inclusive economic outcomes under the whim of an authoritarian or dictatorial government.
History Shows Rise And Fall, Not Convergence
- History shows big institutional reversals are common: prosperous societies can decline if political power concentrates.
- Expect divergence, not convergence, across societies; complacency about stability is hubristic.
Connectivity Accelerates Political Pressure And Change
- Modern connectivity and documentation accelerate demands and make slow, gradual political change harder.
- Rapid adjustment can still produce success stories, as with South Korea's dramatic transformation.
