Economist Daron Acemoglu on why strong, trusted institutions bring economic and political stability 

Daron Acemoglu is a professor at the Massachusetts Institute of Technology and a 2024 Nobel Laureate in economics. He has researched how successful nations rely on strong, reliable institutions.

He and co-author James Robinson wrote about the subject in their 2012 book “Why Nations Fail: The Origins of Power, Prosperity and Poverty.” Acemoglu speaks with Here & Now's Scott Tong about why the undermining of institutions and experts could lead to economic instability in the country.