Join host Paul Johnson on New Frontiers for an in-depth conversation with Nobel Prize winner and acclaimed economist Professor James Robinson. In this episode, Paul and James explore themes from Robinson’s transformative book, Why Nations Fail. They discuss the critical role of inclusive versus extractive institutions and how these structures influence the prosperity of nations. With insightful perspectives on the U.S., China, Nigeria, and other countries, the conversation highlights how empowering individuals and fostering innovation can shape nations' futures.
You can listen to this episode on Spotify, Apple Podcasts, or Google Podcasts!
Spotify: https://optamlink.com/spotify
Apple Podcasts: https://optamlink.com/apple
Google Podcasts: https://optamlink.com/google
We post new content every week so make sure to subscribe to stay in the loop.
Learn more about The Optimistic American by checking out our website! https://www.optamerican.com
Chapters:
00:00 - Introduction
04:20 - Where Does The U.S. Stand Today
07:29 - Extractive and Inclusive Institutions
18:21 - The Patent Industry
21:44 - Antitrust Laws
23:43 - China
31:45 - The Narrow Corridor
38:29 - 250 Years of Change in the Economy & the Rule of Law
42:34 - Geography and Natural Resources
45:20 - Colonialism
47:43 - How Latin Americans Can Improve Their Economies
50:47 - Chile
53:49 - The Arc of The United States
55:13 - Did You Guys Expect This Book To Go International?
57:44 - Any New Books?
1:00:01 - Finland Remarks & Conclusion