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​Institutions & economy with Daron Acemoglu & Victor Shih

July 17, 2014 03:30

Treasury Secretary Jack Lew (AFP Photo / Getty Images / Mark Wilson)

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US Treasury Secretary Jack Lew defines ‘economic patriotism’ as keeping your multinational corporation on American soil. Tuesday, the Obama administration called to stop US companies from using cross-border mergers to escape the tax system. Erin takes a look. Dr. Daron Acemoglu explains the role of political institutions in economic growth. China’s efforts manage its developmental process with Victor Shih. In Big Deal, Edward Harrison and Erin talk about the BRICS’ new Development Bank and what that means in terms of global finance and geopolitics.

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