This book will show that while economic institutions are critical for determining whether a country is poor or prosperous, it is politics and political ...

Why Nations Fail: The Origins of Power, Prosperity, and Poverty, first published in 2012, is a book by economists Daron Acemoglu and James A. Robinson.

May 1, 2023 · They intentionally downplay the contribution of colonialism and imperialism to the wealth of the European countries. They want to glorify their ...

A businessman who expects his output to be stolen, expropriated, or entirely taxed away will have little incentive to work, let alone any incentive to undertake ...

Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it).

Centralized government is lacking in Somalia and Afghanistan because of failure to achieve it and in Haiti and Sierra Leone because of collapse of the state.

Duration: 1:10:50
Posted: Apr 4, 2022

Apr 20, 2012 · “Why Nations Fail” is a sweeping attempt to explain the gut-wrenching poverty that leaves 1.29 billion people in the developing world ...

Duration: 18:34
Posted: Oct 7, 2014