Why Nations Fail
In his new book Why Nations Fail: The Origins of Power, Prosperity, and Poverty, Daron Acemoglu looks at why some nations prosper and why some fail. He concludes that it depends on whether institutions are pluralistic and inclusive or extractive and autocratic.
Experts discuss managing risk in military planning, the effects of sequestration on defense, and tradeoffs between risk and available resources.
Experts discuss the inherent risk of failing states and the economic consequences for the United States and global community.