Lesson 2 of 3Module 1 · 0% of course
Adjacent: Political Ideas · Ideas

Rule of Law & Property Rights

What the rule of law means (law above rulers, clear, applied equally), why secure property rights drive investment, de Soto's 'dead capital', Acemoglu and Robinson's inclusive vs extractive institutions, and how they're measured.

30 min · 5 steps · videoJump to quiz ↓
Why Nations Fail: The Origins of Power, Prosperity, and Poverty - Daron Acemoglu Claremont McKenna College · 71 min
Open in YouTube
Step 1 of 5 · Overview30 min read ·
Key idea
Prereqs: Law basics; the US Constitution. Next: Political economy; liberalism, conservatism & socialism. Sources: A.V. Dicey (1885); Hernando de Soto, *The Mystery of Capital* (2000); Acemoglu & Robinson, *Why Nations Fail* (2012); World Justice Project Rule of Law Index.
Next: 1. Definitions
‹ PrevNext ›