World renowned economist, Daron Acemoglu of MIT spoke via
Skype at the annual Armenian Economic Association’s conference at Yerevan State
University on October 19. Acemoglu is one of the most cited economists in the
world. His groundbreaking book, “Why Nations Fail: The Origins of Power,
Prosperity, and Poverty,” strives to answer the question why nations develop
differently, with some succeeding to secure power and achieve prosperity, while
others fail. Taking part in the conference was Prime Minister Tigran Sargsyan
and a number of ministers.
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