Newly-Minted Nobel Prize Winner James Robinson on How Societies Thrive

The Good Fight

Yascha Mounk

News

4.6 • 907 Ratings

🗓️ 14 October 2024

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

James Robinson, a political scientist and economist, is the Pearson Professor of Global Conflict Studies at The University of Chicago. Robinson is the co-author, with Daron Acemoglu, of Why Nations Fail and The Narrow Corridor. Today, The Royal Swedish Academy of Sciences announced that it would award the 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to James Robinson, Daron Acemoglu, and Simon Johnson “for studies of how institutions are formed and affect prosperity.” In this week’s conversation, originally released in 2019, Yascha Mounk and James Robinson discuss the importance of political institutions; the roots of freedom and prosperity; and how citizens can beat the historical odds to improve their countries. This transcript has been condensed and lightly edited for clarity. Please do listen and spread the word about The Good Fight. If you have not yet signed up for our podcast, please do so now by following this link on your phone. Email: [email protected] Website: http://www.persuasion.community Podcast production by Jack Shields, and Brendan Ruberry Connect with us! Spotify | Apple | Google Twitter: @Yascha_Mounk & @joinpersuasion Youtube: Yascha Mounk LinkedIn: Persuasion Community Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The plant near the reception desk at Axel's autocare is loving life.
0:04.0	Because since Axel started taking card payments with Barclaycard,
0:08.0	he's got the money in his account the next day,
0:10.0	with no hidden fees, so he spends less time waiting and more time watering.
0:16.6	What's good for small business is good for everyone.
0:19.4	Barclay Card payments. Settlement terms may vary.
0:24.0	To receive next day settlement,
0:25.0	transactions need to be taken before 9 PM for Flexin before 7 PM for Smart Pay Anywhere and Smart Pay Touch.
0:29.0	Teas and sees apply.
0:32.0	There's a famous aphorism in the Hunzi, which is a third century BC philosophical tract, which is the king is a boat.
0:40.0	The people are the water. The water can sink the king.
0:43.0	The people can sink the boat.
0:46.0	The people can sink the king.
0:48.0	So that's a statement about participation.
0:50.0	And now the good fight with Yasha Monk.
0:59.6	I was very happy to hear this morning
1:01.8	that some of my favorite economists won the Nobel Prize.
1:06.8	This includes Simon Johnson, as well as Darren Asamoglue and James Robinson, who are co-authors of two of the most important books about politics and economics,
1:18.0	Why Nations Fail and the Narrow Corridor.
1:21.0	James, who was on the faculty at Harvard when I did my PhD there and who have run
1:26.2	into it in a number of different ways over the years, was on this podcast five years ago giving a really great overview of the work that won him
1:37.8	and his colleagues the Nobel Prize today. It helps to answer fundamental questions about why some countries are rich
	...

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