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This is a provocative bestseller that explains why the world is divided into nations with wildly differing levels of prosperity. Why are some nations ...Show synopsisThis is a provocative bestseller that explains why the world is divided into nations with wildly differing levels of prosperity. 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.Hide synopsis
Why Nations Fail: The Origins of Power, Prosperity and Poverty (Profile Books Ltd) – Hardcover (2012)
by
Daron Acemoglu, James A. Robinson
Hardcover, Profile Books Ltd 2012
464 pages
ISBN: 1846684293 ISBN-13: 9781846684296
Two of the world's best and most erudite economists turn to the hardest issue of all: why are some nations poor and others rich? Written with a deep knowledge of economics and political history, this is perhaps the most powerful statement made to date that institutions matter.' A provocative, instructive, yet thoroughly enthralling book.--Joel Mokyr, Northwestern University.Two of the world's best and most erudite economists turn to the hardest issue of all: why are some nations poor and others rich? Written with a deep knowledge of economics and political history, this is perhaps the most powerful statement made to date that institutions matter.' A provocative, instructive, yet thoroughly enthralling book.--Joel Mokyr, Northwestern University.Hide
