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Why Nations Fail: The Origins of Power, Prosperity and Poverty (2012)

by Daron Acemoglu, James A. Robinson

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1,998527,062 (3.77)23
Why are some nations rich and others poor? Is it culture, the weather, geography? Perhaps ignorance of the right policies? Simply, no. None of these factors is either definitive or destiny. Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Based on fifteen years of original research, Acemoglu and Robinson marshall historical evidence from the Roman Empire to the Soviet Union, from Korea to Africa, to build a new theory of political economy with great relevance for the big questions of today, including: China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? Is America moving from a virtuous circle, in which efforts by elites to aggrandize power are resisted, to a vicious one that enriches and empowers a small minority? What is the most effective way to help move billions of people from the rut of poverty to prosperity? This book will change the way you look at--and understand--the world.--From publisher description.… (more)
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» See also 23 mentions

Showing 1-5 of 46 (next | show all)
Much more of an historical sweep of nations than an economic breakdown. Good writing, but could be about half as long. ( )
  oranje | Oct 13, 2022 |
Required reading alongside Guns, Germs, and Steel. A slightly more sophisticated thesis, centering around much more human forces. Read both. ( )
  Adamantium | Aug 21, 2022 |
Poorly explained and kinda neoliberal ( )
  pgarri16 | Mar 5, 2022 |
how to run a nation, this book helps in this way
  aftabhumna | Oct 18, 2021 |
Economist Book.
  Mazahirraja | Oct 4, 2021 |
Showing 1-5 of 46 (next | show all)
It should be no surprise that countries with those advantages ended up rich and with good institutions, while countries with those disadvantages didn’t. ... The ... weakness is the authors’ resort to assertion unsupported or contradicted by facts. ... The authors’ discussions of what can and can’t be done today to improve conditions in poor countries are thought-provoking and will stimulate debate.
 

» Add other authors

Author nameRoleType of authorWork?Status
Daron Acemogluprimary authorall editionscalculated
Robinson, James A.main authorall editionsconfirmed

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For Arda and Asu--DA
Para María Angélica, mi vida y mi alma--JR
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This book is about the huge differences in incomes and standards of living that separate the rich countries of the world, such as the United States, Great Britain, and Germany, from the poor, such as those in sub-Saharan Africa, Central America, and South Asia.
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So Close and Yet So Different

The Economics of the Rio Grande

The city of Nogales is cut in half by a fence.
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Countries such as Great Britain and the United States became rich because their citizens overthrew the elites who controlled power and created a society where political rights ere much more broadly distributed, where the government was accountable and responsive to citizens, and where the great mass of people could take advantage of economic opportunities.
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Why are some nations rich and others poor? Is it culture, the weather, geography? Perhaps ignorance of the right policies? Simply, no. None of these factors is either definitive or destiny. Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Based on fifteen years of original research, Acemoglu and Robinson marshall historical evidence from the Roman Empire to the Soviet Union, from Korea to Africa, to build a new theory of political economy with great relevance for the big questions of today, including: China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? Is America moving from a virtuous circle, in which efforts by elites to aggrandize power are resisted, to a vicious one that enriches and empowers a small minority? What is the most effective way to help move billions of people from the rut of poverty to prosperity? This book will change the way you look at--and understand--the world.--From publisher description.

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