Summary of Why Nations Fail Book Reviews
Summary of Why Nations Fail by Instaread Book Summary
Summary of Why Nations Fail by Daron Acemoglu and James A. Robinson | Includes Analysis
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Why Nations Fail: The Origins of Power, Prosperity, and Poverty is an examination of the causes of economic inequality. Authors Daron Acemoglu and James A. Robinson conclude that underdevelopment is caused by political institutions and not by geography, climate, or other cultural factors. Elites in underdeveloped countries deliberately plunder their people and keep them impoverished.
The city of Nogales is half in Mexico and half in the United States. People in Nogales on the US side of the border are well-educated, prosperous, and have long life expectancies. Those on the Mexican side are poor, poorly educated, and have shorter life expectancies.
The differences in Nogales can’t be explained by geography or culture. Instead, different governments cause the differences in development. The United States historically established pluralist institutions that encouraged technological innovation and spread wealth throughout the population. By contrast, in Mexico, Spanish conquerors established extractive institutions that were intended to…
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Book Name | Summary of Why Nations Fail |
Genre | Study Aids |
Author | Instaread |
Published | 25 September 2016, Sunday |
Language | English |
E-Book Size | 680.65 KB |
Summary of Why Nations Fail (Instaread) Book Reviews 2024
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Summary of Summary of Why Nations Fail by Instaread
The Summary of Why Nations Fail book written by Instaread was published on 25 September 2016, Sunday in the Study Aids category. A total of 162 readers of the book gave the book 0 points out of 5.
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