Why Nations Fail
Why are some nations wealthy while others remain poor? This is a crucial question of the modern era, which Daron Acemoglu and James Robinson, university professors, political scientists, and economists, attempt to answer in Why Nations Fail. Using examples from history, they analyse how political and economic institutions determine whether a nation is wealthy or poor, healthy or disease-ridden, well-fed or hungry, and so on. The book provides explanations as to why North Korea is one of the poorest countries in the world, while South Korea is one of the most developed, and why China is in danger of collapsing in the same way as the Soviet Union did in the early 1990s, and much more. This is a must-read for politicians, political scientists, development economists, and anyone who wants to help put an end to inequality.