Why Nations Fail

The Origins of Power, Prosperity and Poverty

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§BY THE NOBEL PRIZE-WINNING ECONOMISTS DARON ACEMOGLU & JAMES A. ROBINSONShortlisted for the Financial Times Business Book of the Year AwardWhy are some nations more prosperous than others? Why Nations Fail sets out to answer this question, with a compelling and elegantly argued new theory: that it is not down to climate, geography or culture, but because of institutions. Drawing on an extraordinary range of contemporary and historical examples, from ancient Rome through the Tudors to modern-day China, leading academics Daron Acemoglu and James A. Robinson show that to invest and prosper, peo...