We need to stop worshipping a #deathcult
A path to do this is to step away from the #mainstreming mess. In 2024, the Nobel Prize in Economics was awarded to Daron Acemoglu, Simon Johnson, and James Robinson. The prize recognised their work on how institutions shape prosperity, most famously through their book Why Nations Fail. The timing matters, it matters a lot.
This award lands at exactly the moment we should be asking why Institutional Economics - the respectable face of #mainstreaming - has spent the last fifteen years […]