by Juan Carlos "Pocho" Salcedo
Why Nations Fail?
There is is a question that we often ask ourselves that in some way by origin or by the language we are connected with Latin America.
Today we will try to answer a question that we have inevitably asked many times because some countries are poor, and others are rich, and it will be like in the case of Latin America because our background in which we were born as a nation was after Spanish colonialism? Moreover, on the other hand, the United States developed from an early age under the colonial system of Great Britain, and that favored them? Maybe we just became poor because others became rich at the expense of us and our resources? Are we condemned to a system of perpetual underdeveloped t? How to get out of that almost infinite walk? What is in the fabric of our nations that has not allowed us a higher level of influence and wealth in the concert of nations? What are the origins of Power, prosperity, and poverty?
To answer these and other questions, we have invited Dr. Daron Acemoglu one of the 110 most cited economists in the world; this was our recent dialogue.