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In Why Nations Fail, acclaimed economists Daron Acemoglu and James A. Robinson explore one of the most fundamental questions in history: why do some nations thrive while others remain trapped in poverty and instability? Through a compelling combination of historical analysis, political economy, and insightful storytelling, the authors argue that the root cause of a nation's success or failure lies in the inclusivity or exclusivity of its institutions.
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\nAcemoglu and Robinson’s groundbreaking theory suggests that nations with inclusive political and economic institutions—ones that provide opportunities, protect property rights, and encourage innovation—are more likely to prosper. On the other hand, nations where institutions are extractive—where power and wealth are concentrated in the hands of a few—are destined to fail.
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\nRich with historical examples, from ancient civilizations to modern-day nations, Why Nations Fail challenges conventional wisdom and offers a new way of thinking about the causes of inequality, economic growth, and the rise and fall of empires. A must-read for anyone interested in understanding the forces that shape our world and the fate of nations, this book offers powerful insights into the complex relationship between politics, economics, and prosperity.
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\nIf you're interested in global development, inequality, or the forces that drive political and economic systems, Why Nations Fail will give you a deep and thought-provoking look at the crucial factors that determine national success or failure.
Buy WHY NATIONS FAIL by Daron Acemoglu (paperback)
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