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Why Nations Fail
''Why Nations Fail: The Origins of Power, Prosperity, and Poverty'', first published in 2012, is a book by economists Daron Acemoglu and James A. Robinson. The book applies insights from institutional economics, development economics and economic history to understand why nations develop differently, with some succeeding in the accumulation of power and prosperity and others failing, via a wide range of historical case studies. The authors also maintain a website (with a blog inactive since 2014) about the ongoing discussion of the book. Context The book is the result of a synthesis of many years of research by Daron Acemoglu on the theory of economic growth and James Robinson on the economies of Africa and Latin America, as well as research by many other authors. It contains an interpretation of the history of various countries, both extinct and modern, from the standpoint of a new institutional school. The central idea of many of the authors' works is the defining role of ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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International Inequality
International inequality refers to inequality between countries, as compared to global inequality, which is inequality between people across countries. International inequality research has primarily been concentrated on the rise of international income inequality, but other aspects include educational and health inequality, as well as differences in medical access. Reducing inequality within and among countries is the 10th goal of the UN Sustainable Development Goals and ensuring that no one is left behind is central to achieving them. Inequality can be measured by metrics such as the Gini coefficient. According to the United Nations Human Development Report 2004, the gross domestic product (GDP) per capita in countries with high, medium and low human development (a classification based on the UN Human Development Index) was 24,806, 4,269 and 1,184 PPP$, respectively (PPP$ = purchasing power parity measured in United States dollars). Proposed explanations Differences in ...
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Culture Of The United Kingdom
British culture is influenced by History of the United Kingdom, the combined nations' history; its historically Christianity, Christian Religion in the United Kingdom, religious life, its interaction with the cultures of Europe, the traditions of England, Wales, Scotland and Ireland and the impact of the British Empire. Although British culture is a distinct entity, the individual Culture of England, cultures of England, Culture of Scotland, Scotland, Culture of Wales, Wales and Culture of Northern Ireland, Northern Ireland are diverse and have varying degrees of overlap and distinctiveness. British literature is particularly esteemed. The modern novel was invented in Britain, and playwrights, poets, and authors are among its most prominent cultural figures. Britain has also made notable contributions to Music of the United Kingdom, music, British cinema, cinema, Art of the United Kingdom, art, Architecture of the United Kingdom, architecture and Television in the United Kingdom, ...
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David Hackett Fischer
David Hackett Fischer (born December 2, 1935) is University Professor of History Emeritus at Brandeis University. Fischer's major works have covered topics ranging from large macroeconomic and cultural trends (''Albion's Seed,'' ''The Great Wave (book), The Great Wave'') to narrative histories of significant events (''Paul Revere's Ride,'' ''Washington's Crossing'') to explorations of historiography (''Historians' Fallacies'', in which he coined the term "historian's fallacy"). Education Fischer grew up in Baltimore, Maryland. He received an A.B. from Princeton University in 1958 and a Ph.D. from Johns Hopkins University in 1962. Career Fischer has been on the faculty of Brandeis University for 50 years, where he is known for being interested in his students and history. He is best known for two major works: ''Albion's Seed'' (1989), and ''Washington's Crossing (book), Washington's Crossing (Pivotal Moments in American History)'' (2004). In ''Albion's Seed'', he argues that core ...
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Northern Europe
The northern region of Europe has several definitions. A restrictive definition may describe Northern Europe as being roughly north of the southern coast of the Baltic Sea, which is about 54th parallel north, 54°N, or may be based on other geographical factors such as climate and ecology. Climate The climate is mainly Oceanic climate (Cfb), Humid continental climate (Dfb), Subarctic climate (Dfc and Dsc) and Tundra (ET). Geography Northern Europe might be defined roughly to include some or all of the following areas: British Isles, Fennoscandia, the peninsula of Jutland, the Baltic region, Baltic plain that lies to the east and the many islands that lie offshore from mainland Northern Europe and the main European continent. In some cases, Greenland is also included, although it is only politically European, comprising part of the Kingdom of Denmark, and not considered to be geographically in Europe. The area is partly mountainous, including the northern volcanic islands ...
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David Landes
David Saul Landes (April 29, 1924 – August 17, 2013) was a professor of economics and of history at Harvard University. He is the author of ''Bankers and Pashas'', '' Revolution in Time'', ''The Unbound Prometheus'', ''The Wealth and Poverty of Nations'', and ''Dynasties''. Such works have received both praise for detailed retelling of economic history, as well as scorn on charges of Eurocentrism, a charge he openly embraced, arguing that an explanation for an economic miracle that happened originally only in Europe must of necessity be a Eurocentric analysis. Career Landes earned a Ph.D. from Harvard University in 1953 and an B.A. from City College of New York in 1942. While he waited his call up to serve in World War II, Landes studied cryptanalysis. He was assigned to the Signal Corps where he worked on deciphering coded Japanese messages. Historian Niall Ferguson called him one of his "most revered mentors". Landes had a scholarly disagreement with Stephen Marglin over t ...
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American Political Science Review
The ''American Political Science Review'' is a quarterly peer-reviewed academic journal covering all areas of political science. It is an official journal of the American Political Science Association and is published on their behalf by Cambridge University Press. The journal was established in 1906. It is considered a flagship journal in political science. Abstracting and indexing The journal is abstracted and indexed in the Social Sciences Citation Index, Current Contents / Social & Behavioral Sciences, International Bibliography of Periodical Literature, and the International Bibliography of Book Reviews of Scholarly Literature and Social Sciences. According to the ''Journal Citation Reports'', the journal has a 2016 impact factor of 3.316, ranking it 5th out of 165 journals in the category "Political Science". Editorial team The first three managing editors were W. W. Willoughby (1906-1916), John A. Fairlie (1917-1925) and Frederic A. Ogg (1926–1949). For the 2020– ...
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Seymour Martin Lipset
Seymour Martin Lipset ( ; March 18, 1922 – December 31, 2006) was an American sociologist and political scientist (President of the American Political Science Association). His major work was in the fields of political sociology, trade union organization, social stratification, public opinion, and the sociology of intellectual life. He also wrote extensively about the conditions for democracy in comparative perspective. A socialist in his early life, Lipset later moved to the right, and was often considered a neoconservative. At his death in 2006, ''The Guardian'' called him "the leading theorist of democracy and American exceptionalism"; ''The New York Times'' said he was "a pre-eminent sociologist, political scientist and incisive theorist of American uniqueness"; and ''The Washington Post'' said he was "one of the most influential social scientists of the past half century." Early life and education Lipset was born in Harlem, New York City, the son of Russian Jewish immigra ...
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PublicAffairs
PublicAffairs (or PublicAffairs Books) is an imprint of Perseus Books, an American book publishing company located in New York City and has been a part of the Hachette Book Group since 2016. PublicAffairs was launched in 1997 by Peter Osnos. The current Publisher is Clive Priddle. The company publishes mostly non-mainstream non-fiction books about politics and current affairs, both American and international. It has published several books by Nobel Prize-winning authors, including Muhammad Yunus’s Banker to the Poor and Abhijit V. Banerjee and Esther Duflo’s two books Poor Economics and Good Economics for Hard Times. In 2019, it published Shoshana Zuboff’s international bestseller The Age of Surveillance Capitalism. Perseus Books won Publishers Weekly's "Publisher of the Year" award for 2007. References External links Company web site* Panel discussion on the 20th anniversary of PublicAffairs Books, April 17, 2018 C-SPAN Cable-Satellite Public Affairs Netwo ...
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Esther Duflo
Esther Duflo, FBA (; born 25 October 1972) is a French–American economist who is a professor of Poverty Alleviation and Development Economics at the Massachusetts Institute of Technology (MIT). She is the co-founder and co-director of the Abdul Latif Jameel Poverty Action Lab (J-PAL), which was established in 2003. She shared the 2019 Nobel Memorial Prize in Economic Sciences with Abhijit Banerjeehttps://economics.mit.edu/faculty/banerjee/short Retrieved July 24, 2020, Friday and Michael Kremer,https://scholar.harvard.edu/kremer/home Retrieved July 24, 2020, Friday "for their experimental approach to alleviating global poverty". Duflo is a National Bureau of Economic Research (NBER) research associate, a board member of the Bureau for Research and Economic Analysis of Development (BREAD), and director of the Centre for Economic Policy Research's development economics program. Her research focuses on microeconomic issues in developing countries, including household behavior ...
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Abhijit Banerjee
Abhijit Vinayak Banerjee (; born 21 February 1961) is an Indian-American economist who is currently the Ford Foundation International Professor of Economics at Massachusetts Institute of Technology. Banerjee shared the 2019 Nobel Memorial Prize in Economic Sciences with Esther Duflo and Michael Kremer "for their experimental approach to alleviating global poverty". He and Esther Duflo, who are married, are the sixth married couple to jointly win a Nobel Prize. * * * Early life and education Abhijit Banerjee was born to a Bengali father and to a Marathi mother in Mumbai. * * * * * His father, Dipak Banerjee, was a professor of economics at Presidency College, Calcutta, and his mother Nirmala Banerjee (née Patankar), a professor of economics at the Centre for Studies in Social Sciences, Calcutta. His father, Dipak Banerjee, earned a PhD in economics from the London School of Economics. He received his school education in South Point High School, a renowned educationa ...
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Elite
In political and sociological theory, the elite (french: élite, from la, eligere, to select or to sort out) are a small group of powerful people who hold a disproportionate amount of wealth, privilege, political power, or skill in a group. Defined by the ''Cambridge Dictionary'', the "elite" are "those people or organizations that are considered the best or most powerful compared to others of a similar type." American sociologist C. Wright Mills states that members of the elite accept their fellows' position of importance in society. "As a rule, 'they accept one another, understand one another, marry one another, tend to work, and to think, if not together at least alike'." It is a well-regulated existence where education plays a critical role. Universities in the US Youthful upper-class members attend prominent preparatory schools, which not only open doors to such elite universities as Harvard, Yale, Princeton, and the University of Pennsylvania, but also to the universit ...
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