OPINION

The effects of unfinished momentum

News, Peerasit Kamnuansilpa, Published on 08/11/2025

» Why do some nations surge confidently into the future while others advance only in half-steps, not declining but not accelerating either? In their influential book Why Nations Fail (first published in 2012), Daron Acemoglu -- now a Nobel Prize economist -- and James Robinson, both economists and political scientists at the University of Chicago, offer a helpful lens for understanding Thailand's development path without casting blame or provoking division.