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popularphoinix | Staff posted Today 09:26 AM
popularphoinix | Staff posted Today 09:26 AM

$1.99: Why Nations Fail: The Origins of Power, Prosperity, and Poverty (eBook) by Daron Acemoglu, James A. Robinson

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AuthorDaron Acemoglu, James A. Robinson
PublisherCrown Currency
Publication dateMarch 20, 2012
Print length556 pages
Customer Reviews4.5⭐ / 10,147 ratings
Great on Kindle

NEW YORK TIMES AND WALL STREET JOURNAL BESTSELLER • From two winners of the 2024 Nobel Prize in Economic Sciences, "who have demonstrated the importance of societal institutions for a country's prosperity"

"A wildly ambitious work that hopscotches through history and around the world to answer the very big question of why some countries get rich and others don't."—The New York Times

FINALIST: Financial Times and Goldman Sachs Business Book of the Year Award • ONE OF THE BEST BOOKS OF THE YEAR: The Washington Post, Financial Times, The Economist, BusinessWeek, Bloomberg, The Christian Science Monitor, The Plain Dealer

Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, or geography that determines prosperity or poverty? As Why Nations Fail shows, none of these factors is either definitive or destiny.

Drawing on fifteen years of original research, Daron Acemoglu and James Robinson conclusively show that it is our man-made political and economic institutions that underlie economic success (or the lack of it). Korea, to take just one example, is a remarkably homogenous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The differences between the Koreas is due to the politics that created those two different institutional trajectories. Acemoglu and Robinson marshal extraordinary historical evidence from the Roman Empire, the Mayan city-states, the Soviet Union, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, among them:

• Will China's economy continue to grow at such a high speed and ultimately overwhelm the West?

• Are America's best days behind it? Are we creating a vicious cycle that enriches and empowers a small minority?

"This book will change the way people think about the wealth and poverty of nations . . . as ambitious as Jared Diamond's Guns, Germs, and Steel."—BusinessWeek

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Product Info
Community Notes
About the Poster
Deal history:
Available Retailers:
AuthorDaron Acemoglu, James A. Robinson
PublisherCrown Currency
Publication dateMarch 20, 2012
Print length556 pages
Customer Reviews4.5⭐ / 10,147 ratings
Great on Kindle

NEW YORK TIMES AND WALL STREET JOURNAL BESTSELLER • From two winners of the 2024 Nobel Prize in Economic Sciences, "who have demonstrated the importance of societal institutions for a country's prosperity"

"A wildly ambitious work that hopscotches through history and around the world to answer the very big question of why some countries get rich and others don't."—The New York Times

FINALIST: Financial Times and Goldman Sachs Business Book of the Year Award • ONE OF THE BEST BOOKS OF THE YEAR: The Washington Post, Financial Times, The Economist, BusinessWeek, Bloomberg, The Christian Science Monitor, The Plain Dealer

Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, or geography that determines prosperity or poverty? As Why Nations Fail shows, none of these factors is either definitive or destiny.

Drawing on fifteen years of original research, Daron Acemoglu and James Robinson conclusively show that it is our man-made political and economic institutions that underlie economic success (or the lack of it). Korea, to take just one example, is a remarkably homogenous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The differences between the Koreas is due to the politics that created those two different institutional trajectories. Acemoglu and Robinson marshal extraordinary historical evidence from the Roman Empire, the Mayan city-states, the Soviet Union, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, among them:

• Will China's economy continue to grow at such a high speed and ultimately overwhelm the West?

• Are America's best days behind it? Are we creating a vicious cycle that enriches and empowers a small minority?

"This book will change the way people think about the wealth and poverty of nations . . . as ambitious as Jared Diamond's Guns, Germs, and Steel."—BusinessWeek

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Today 01:46 PM
993 Posts
Joined Oct 2007
ktlewis02Today 01:46 PM
993 Posts
I wonder if it's happening right now
1
Today 01:53 PM
51 Posts
Joined Mar 2013
BrendanG7648Today 01:53 PM
51 Posts
Quote from ktlewis02 :
I wonder if it's happening right now
Almost certainly
1
Today 03:38 PM
663 Posts
Joined Nov 2011
E.KToday 03:38 PM
663 Posts
Halfway through this book, and the key takeaway so far is politics make or break a nation. There is no certainty that the economic policies of the current administration will succeed or fail, but it is the politics outside of it that we should be more concerned about - on both sides of the aisle
Today 05:33 PM
105 Posts
Joined Nov 2013
BillF4608Today 05:33 PM
105 Posts
I'm about 3/4 into the book. Main premise is that economies where those without power can prosper lead to the greatest overall wealth. When only those that are politically connected can be successful, the majority suffer, such as feudalism or Latin America.

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