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    3. What Happened to Liberal Democracy?
    • What Happened to Liberal Democracy?
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    What Happened to Liberal Democracy?: Remaking a Politics of Shared Prosperity - FROM THE WINNER OF THE NOBEL PRIZE IN ECONOMICS

    Daron Acemoglu

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    From its inception, liberalism offered a glittering promise of shared prosperity, equality, democratic values and the free pursuit of knowledge. At first, it flourished. And then it faltered. Once a tantalising beacon of hope, it began to erode and decay at the hands of elitism, intolerance and rising autocracy.

    One could say that liberalism is broken. So what comes next?

    Nobel prize-winning co-author of Why Nations Fail Daron Acemoglu charts the rise and fall of liberal democracy, and offers hope for a way forward: a new theory that lays the groundwork for how we can - and must - remake liberalism before it's too late.

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    Praise for What Happened to Liberal Democracy?

    • Praise for WHY NATIONS FAIL:An important book - New York TimesA must-read. Acemoglu and Robinson are intellectual heavyweights of the first rank - GuardianAn intellectually rich book that develops an important thesis with verve - Financial TimesTwo of the world's leading experts on development explain why it is not geography, disease, or culture which explains why some nations are rich and some poor, but rather a matter of institutions and politics. This highly accessible book provides welcome insight to specialists and general readers alike - Francis Fukuyama, author of The End of History and The Last Man

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    Daron Acemoglu

    Daron Acemoglu

    DARON ACEMOGLU is Institute Professor of Economics at MIT, researching the historical origins of prosperity, poverty, and the effects of new technologies on economic growth, employment, and inequality. He is the recipient of several awards and honours, including the John Bates Clark Medal, awarded to economists under forty judged to have made the most significant contribution to economic thought and knowledge (2005); the BBVA Frontiers of Knowledge Award in economics, finance, and management for his lifetime contributions (2016), and the Kiel Institute's Global Economy Prize in economics (2019). He is the co-author (with James Robinson) of The Narrow Corridor and the New York Times bestseller Why Nations Fail.

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