Why Nations Fail

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!!!