Edward Miguel: Why are Poor Countries Poor?

Despite hundreds of billions of dollars in aid, most of Africa remains as desperate today as it was half a century ago. That's because much of that aid is lost to the grabbing hands of corrupt governments and destroyed through clashing warlords and civil strife. Edward Miguel, U.C. Berkeley economist and co-author of Economic Gangster: Corruption, Violence, and the Poverty of Nations, visited Zócalo to explain how the twin evils of violence and corruption keep nations in poverty. He argues that before we can help poor nations, we must first understand the violent, lawless thugs who have wrought havoc throughout the developing world. And to understand these gangsters, he says, we must first get inside their heads.