Book summary: Why Nations Fail
Why Nations Fail The bookĀ is a good read on why some nations are rich today while others are poor. While the bookĀ Breakout NationsĀ provides useful information on the current situation in many countries, Why Nations Fail offers valuableĀ historical lessons on critical aspects of economy and politics that have shaped countries around the world. The theme of this book includes: Inclusive vs. Extractive Economic and Political Institutions The Myth of Geography/Culture Path-dependence of the Past Centralization of Power Creative Destruction Critical Junctures Defending Prosperity