About two decades before he came to the University of Chicago, Prof. James A. Robinson was a young researcher examining the creation of prosperity around the world. While economists were enthusiastic about his early theoretical work, he yearned to learn more.
“Talking about these differences between countries and looking at their development wasn’t enough,” Robinson recalled. “I felt I needed to know much more about the politics, the institutions—about how things worked.”
So he began to travel the globe in search of that knowledge, conducting research in Colombia, Bolivia, Botswana, and other countries in Latin America and sub-Saharan Africa— trying to understand the importance of economic and political institutions in a country’s prosperity. The result of that global journey, which began in the early 1990s, culminated this fall when Robinson and his collaborators at MIT—economists Daron Acemoglu and Simon Johnson—were awarded a Nobel Prize for their groundbreaking research on the role of institutions in the root causes of global inequality.
“I always tell people that for us, being an academic is not a profession. It’s a calling, like being a priest or an artist,” said Robinson, an economist and political scientist who directs The Pearson Institute for the Study and Resolution of Global Conflicts. “I love that. We’re just so totally committed to understanding and thinking about the world.”
Robinson and his fellow Nobel laureates will receive their honor, known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, on Dec. 10 in Sweden. He also will deliver a lecture reflecting on his pioneering research on differences between prosperous and poor nations—work that continues to influence world leaders today.
“In Western development economics,” Robinson said, “we’ve completely mischaracterized many of the problems in the world because we fail to understand the ways in which other societies differ from our own society and the way that people in those societies think about them.”
Transforming societies
The Royal Swedish Academy of Sciences honored the Nobel laureates for providing new insights into why such vast differences in prosperity exist between nations. In examining various political and economic systems that European colonizers introduced to countries, Robinson, Acemoglu and Johnson demonstrated the important relationship between institutions and prosperity.
In perhaps its simplest context, that relationship is this: where Europeans introduced institutions that exploited indigenous populations and extracted resources for colonizers’ benefit, the nations generally are poorer and endure low economic growth. In countries where colonizers introduced institutions with broadly distributed political power and widely accessible economic opportunity—and an effective rule of law—the nations become prosperous.
Robinson, Acemoglu and Johnson also developed theoretical tools to explain why different institutions persist and how they can change.
That research is “of such substantive depth and methodological breadth that it sets the agenda in multiple academic fields,” said Ethan Bueno de Mesquita, dean and the Sydney Stein Professor at UChicago’s Harris School of Public Policy. “All over the world, leaders draw on Jim’s insights as they seek to transform their societies for the better.”
Robinson’s work receives perhaps its widest audience through “Why Nations Fail: The Origins of Power, Prosperity and Poverty” (2012), the best-selling book he and Acemoglu wrote. He and Acemoglu also collaborated on “The Narrow Corridor: States, Societies, and the Fate of Liberty” (2019). Robinson has co-edited three other books.
Prof. James A. Robinson discusses his research and the work of the Pearson Global Institute at UChicago. (Video courtesy of The Pearson Institute)
Looking back on years of research, Robinson pointed to early milestones that propelled he and Acemoglu: The realization that colonial institutions—not geography—was crucial to nations’ prosperity; and the revelations that emerged when Johnson added his data skills to the research in 1999.
Robinson recalled momentum building in about 2000, when Acemoglu presented a lecture at a Stanford University conference that Robinson attended.
“You could see that people were super fascinated by it,” said Robinson, the Reverend Dr. Richard L. Pearson Professor of Global Conflict Studies and University Professor in the Harris School of Public Policy and the Department of Political Science. “The room was electric. I remember walking out of the Economics Department at Stanford, and saying: ‘Oh man, we really hit it out of the park.’”