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Why Nations Fail: The Origins of Power, Prosperity, and Poverty by Daron Acemoglu, James A. Robinson (eBook) on sale for
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About this Title:
- Page Length: 510 pages
- 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.
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Note that pre-corrupt governments never reach success to even begin the failure process.
The average length of an empire is 250 years.
Look it up.
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The central argument of Why Nations Fail is that nations become rich when they develop inclusive political and economic institutions that empower broad segments of society, and they remain poor when elites maintain extractive institutions that concentrate power and wealth in their own hands.
Literal lies
The central argument of Why Nations Fail is that nations become rich when they develop inclusive political and economic institutions that empower broad segments of society, and they remain poor when elites maintain extractive institutions that concentrate power and wealth in their own hands.
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