Why Nations Fail, Daron Acemoglu, James A.Robinson
Daron Acemoglu,James A.Robinson

Why Nations Fail

741 printed pages
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Shortlisted for the Financial Times and Goldman Sachs Business Book of the Year Award 2012.

Why are some nations more prosperous than others? Why Nations Fail sets out to answer this question, with a compelling and elegantly argued new theory: that it is not down to climate, geography or culture, but because of institutions. Drawing on an extraordinary range of contemporary and historical examples, from ancient Rome through the Tudors to modern-day China, leading academics Daron Acemoglu and James A. Robinson show that to invest and prosper, people need to know that if they work hard, they can make money and actually keep it – and this means sound institutions that allow virtuous circles of innovation, expansion and peace.

Based on fifteen years of research, and answering the competing arguments of authors ranging from Max Weber to Jeffrey Sachs and Jared Diamond, Acemoglu and Robinson step boldly into the territory of Francis Fukuyama and Ian Morris. They blend economics, politics, history and current affairs to provide a new, powerful and persuasive way of understanding wealth and poverty.

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Iren Aloyan
Iren Aloyanshared an impression4 years ago
👍Worth reading
💡Learnt A Lot
🚀Unputdownable

One of the best books which gives comprehensive insight on world economic order and politics. While claiming that economy and prosperity of nations depend on political institutions, the author goes into an in-depth analysis of world history, state-building, marcroeconomy and different political theories. All this to demonstrate that political institutions may be either extractive or inclusive, while the former undermines economic growth, the latter determines it! The facts, figures and examples brought in the book support every idea and statement made in it. This is a total 500-page of not only political thought, but pleasure as well. 100-% reccomended!!!

👍Worth reading
🚀Unputdownable

Keep those people in check with effective democracy or watch your nation fail.
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