James Robinson, Nobel laureate in Economics: You cannot achieve an inclusive economy with an authoritarian regime'
Briefly

Robinson emphasizes that economics cannot be separated from political science, advocating a historical approach to analyze institutional impacts on economic development, particularly regarding colonial legacies.
He argues that conventional economic approaches ignore history and society, asserting that understanding institutions is vital to grasping economic outcomes and fostering national prosperity.
Through his influential works, Robinson and his collaborators focus on how institutional changes driven by history have affected economic growth and development in various global contexts.
Robinson's insights shed light on the adverse effects of colonialism, especially in regions like Latin America and Africa, revealing how history shapes economic possibilities.
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