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Summary Why Nations Fail : The Origins of Power, Prosperity and Poverty

Them fail The Wealth of Nations is still being read today With the same perspicacity and with the same broad historical perspective Daron Acemoglu and James Robinson have retackled this same uestion for our own times Two centuries from now our great greatgreat grandchildren will be similarly reading Why Nations Fail George Akerlof Nobel laureate in economics Why Nations Fail is so good in so many ways that I despair of listing them all It explains huge swathes of human history It is eually at home in Asia Africa and the Americas It is fair to left and right and every flavor in between It doesnt pull punches but doesnt insult just to gain attention It illuminates the past as it gives us a new way to think about the present It is that rare book in economics that convinces the reader that the authors want the best for ordinary people It will provide scholars with years of argument and ordinary readers with years of did you know that dinner conversation It has some jokes which are always welcome It is an excellent book and should be purchased forthwith so to encourage the authors to keep working Charles C Mann author of and Imagine sitting around a table listening to Jared Diamond Joseph Schumpeter and James Madison reflect on over two thousand years of political and economic history Imagine that they weave their ideas into a coherent theoretical framework based on limiting extraction promoting creative destruction and creating strong political institutions that share power and you begin to see the contribution of this brilliant and engagingly written book Scott E Page University of Michigan and Santa Fre InstituteThis fascinating and readable book centers on the complex joint evolution of political and economic institutions in good directions and bad It strikes a delicate balance between the logic of political and economic behavior and the shifts in direction created by contingent historical events large and small at critical junctures Acemoglu and Robinson provide an enormous range of historical examples to show how such shifts can tilt toward favorable institutions progressive innovation and economic success or toward repressive institutions and eventual decay or stagnation Somehow they can generate both excitement and reflection Robert Solow Nobel Laureate in Economics Its the politics stupid That is Acemoglu and Robinsons simple yet compelling explanation for why so many countries fail to developFrom the absolutism of the Stuarts to the antebellum South from Sierra Leone to Colombia this magisterial work shows how powerful elites rig the rules to benefit themselves at the expense of the many Charting a careful course between the pessimists and optimists the authors demonstrate history and geography need not be destinyBut they also document how sensible economic ideas and policies often achieve little in the absence of fundamental political changeDani Rodrik Kennedy School of Government Harvard UniversityTwo of the worlds best and most erudite economists turn to the hardest issue of all why are some nations poor and others rich W

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Why Nations Fail : The Origins of Power, Prosperity and Poverty

Should be reuired reading for politicians and anyone concerned with economic development Jared Diamond New York Review of Books bracing garrulous wildly ambitious and ultimately hopeful It may in fact be a bit of a masterpiece Washington PostFor economics and political science students surely but also for the general reader who will appreciate how gracefully the authors wear their erudition Kirkus ReviewsProvocative stuff backed by lots of brain power Library JournalThis is an intellectually rich book that develops an important thesis with verve It should be widely read Financial TimesA probinglook at the roots of political and economic successlarge and ambitious new book The Daily Why Nations Fail is a splendid piece of scholarship and a showcase of economic rigor The Wall Street Journal Ranging from imperial Rome to modern Botswana this book will change the way people think about the wealth and poverty of nationsas ambitious as Jared Diamond s Guns Germs and Steel Bloomberg BusinessWeekThe main strength of this book is beyond the power of summary it is packed from beginning to end with historical vignettes that are both erudite and fascinating As Jared Diamond says on the cover It will make you a spellbinder at parties But it will also make you think TheObserver UK Abrilliant book Bloomberg Jonathan Alter Why Nations Fail is a wildly ambitious work that hopscotches through history and around the world to answer the very big uestion of why some countries get rich and others dont The New York Times Chrystia Freeland Why Nations Failis a truly awesome book Acemoglu and Robinson tackle one of the most important problems in the social sciencesa uestion that has bedeviled leading thinkers for centuriesand offer an answer that is brilliant in its simplicity and power A wonderfully readable mix of history political science and economics this book will change the way we think about economic development Why Nations Fail is a must read book Steven Levitt coauthor of FreakonomicsYou will have three reasons to love this book Its about national income differences within the modern world perhaps the biggest problem facing the world today Its peppered with fascinating stories that will make you a spellbinder at cocktail partiessuch as why Botswana is prospering and Sierra Leone isnt And its a great read Like me you may succumb to reading it in one go and then you may come back to it again and again Jared Diamond Pulitzer Prizewinning author of the bestsellers Guns Germs and Steel and Collapse A compelling and highly readable book And the conclusion is a cheering one the authoritarian extractive institutions like the ones that drive growth in China today are bound to run out of steam Without the inclusive institutions that first evolved in the West sustainable growth is impossible because only a truly free society can foster genuine innovation and the creative destruction that is its corollary Niall Ferguson author of The Ascent of Money Some time ago a little known Scottish philosopher wrote a book on what makes nations succeed and what makes

Daron Acemoglu è 5 review

Ritten with a deep knowledge of economics and political history this is perhaps the most powerful statement made to date that institutions matter A provocative instructive yet thoroughly enthralling book Joel Mokyr Robert H Strotz Professor of Arts and Sciences and Professor of Economics and History Northwestern UniversityA brilliant and uplifting bookyet also a deeply disturbing wake up callAcemoglu and Robinson lay out a convincing theory of almost everything to do with economic developmentCountries rise when they put in place the right pro growth political institutions and they failoften spectacularlywhen those institutions ossify or fail to adapt Powerful people always and everywhere seek to grab complete control over government undermining broader social progress for their own greedKeep those people in check with effective democracy or watch your nation fail Simon Johnson co author of Bankers and professor at MIT SloanThis important and insightful book packed with historical examples makes the case that inclusive political institutions in support of inclusive economic institutions is key to sustained prosperity The book reviews how some good regimes got launched and then had a virtuous spiral while bad regimes remain in a vicious spiral This is important analysis not to be missed Peter Diamond Nobel Laureate in EconomicsAcemoglu and Robinson have made an important contribution to the debate as to why similar looking nations differ so greatly in their economic and political development Through a broad multiplicity of historical examples they show how institutional developments sometimes based on very accidental circumstances have had enormous conseuences The openness of a society its willingness to permit creative destruction and the rule of appear to be decisive for economic development Kenneth Arrow Professor Emeritus Stanford University Nobel Laureate in Economics Acemoglu and Robinsontwo of the world s leading experts on developmentreveal why it is not geography disease or culture which explains why some nations are rich and some poor but rather a matter of institutions and politics This highly accessible book provides welcome insight to specialists and general readers alike Francis Fukuyama author of The End of History and the Last Man and The Origins of Political OrderSome time ago a little known Scottish philosopher wrote a book on what makes nations succeed and what makes them fail The Wealth of Nations is still being read today With the same perspicacity and with the same broad historical perspective Daron Acemoglu and James Robinson have re tac Ce texte fait r f rence une dition puis e ou non disponible de ce titreThe bestselling book which explains why the world is divided into nations with wildly differing levels of prosperity The authors argue that a nation s failure is not down to climate geography or culture but because of institutions and draw on a range of contemporary and historical examples Based on years of research it was shortlisted for the Financial Times and Goldman Sachs Business Book of the Year Awar