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2024 Nobel Prize Winner In Economics
James Robinson Joins The Podcast!
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Why Nations Fail… Inclusive Versus Extractive Institutions Are Everything
James Robinson is winning the Nobel Prize for Economics this year alongside his co-author Daron Acemoglu and fellow economist, Simon Johnson.
This is obviously extremely exciting for him, but as well selfishly, rather exciting for me… because in episode 24, James Robinson was one of the first people I ever interviewed for this podcast.
James co-wrote an outrageously successful book in 2012 called - ‘Why Nations Fail’.
Why Nations Fail introduces an extractive versus inclusive institutions framework that does an unreasonable amount of heavy lifting to explain the distributed economic prosperity between countries.
Bare with me and endure my enthusiasm as James reveals where the catalyst for the inclusive/extractive framework comes from, a very hot take on corruption, James’s work as a developmental economist and a whole lot more.
Finally, hat in hand, I ask, to please bring that Christmas cheer and pump a 5 star review into whichever platform it is that you listen on.
Forward this email or share this podcast with a mate.
‘Show me the incentive and I’ll show you the outcome’ - Charlie Munger (goat of pithy quotes)
I want to grow this newsletter and I want to grow this podcast. Typically, fellow creators in my position will offer you (my dear reader/listener) some reward whereby, if you refer x amount of people I will send you y reward.
For every 5 people you bring to the newsletter, I’d send you custom merch (or something along these lines)
Now, as you know, I work full time at Quartr which means after a long days work, I am booking, researching, recording, editing and publishing a podcast plus (everything on this newsletter), and therefore only left with a few minutes for everything else that makes up a life.
And as such, setting up some type of rewards program hasn’t eventuated. BUT with that being said, I would nonetheless try to do something to incentivise you to share the show.
For the sake of transparency - about 5000 people follow the podcast across both Spotify & Apple, and several hundred subscribe to this newsletter. Not everyone listens to every episode, but so far in a 4 year lifetime I’m extremely chuffed with every new person - and I notice every. single. new. person…
To get to the point where things are monetised I’d say tripling both of those metrics is necessary.
But for now, all I can offer is camaraderie - if you are reading this now you are, and will remain the most important viewership I will ever get… and this is because you are the early adopters. So all I can do is ask… if you enjoy this and if you know anyone who think might enjoy it as well - share it with them one at a time and share it on your socials to the masses. Follow the podcast wherever you listen to it and subscribe to this newsletter and bare with me, not everything will be directly interesting to you, but I endeavour that some of it definitely will be.
So pump your juice, send this to all your mates - and one day you’ll be able to say you were onto all this ‘Curious Worldview’ stuff from day 1.
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