published Oct 28th 2016, 6:00 am, by Noah Smith (Bloomberg View) —Back in 2012, Daron Acemoglu — an economist I follow and greatly respect — wrote a paper along with James Robinson and Thierry Verdier claiming to explain why Scandinavian countries are (supposedly) less innovative than the U.S. Acemoglu et

©2015 Bloomberg News NT8XQ86JTSE9 (Bloomberg Politics) — Donald Trump’s sprawling new immigration proposal calls for deporting the estimated 11 million people in the U.S. illegally and closes many doors to legal immigration. The plan, released Sunday, was quickly embraced by immigration-wary Republicans—Ann Coulter called it the “greatest political document since