Why Nations Fail: The Origins of Power, Prosperity, and Poverty
Description
Why do some nations thrive while others languish in poverty? This groundbreaking work, drawing on extensive historical research, argues that the answer lies not in culture, geography, or climate, but in the man-made political and economic institutions societies create. The authors demonstrate how inclusive institutions foster prosperity by empowering individuals and encouraging innovation, while extractive institutions concentrate power and wealth, leading to stagnation and inequality. Through compelling examples spanning centuries and continents, from ancient Rome to modern Koreas, this book offers a powerful new framework for understanding global disparities and the critical role of governance in shaping national destinies.
Available Editions
paperback
Crown Currency
Published Sep 17, 2013
561 pages
ISBN: 9780307719225
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Details
First Published
2012
Language
eng
Content Warnings
Content and trigger warnings for Why Nations Fail: The Origins of Power, Prosperity, and Poverty by Daron Acemoglu, James A. Robinson.