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

Why do some nations thrive while others remain trapped in poverty and instability? In their groundbreaking book Why Nations Fail, Daron Acemoglu and James A. Robinson argue that the answer lies in institutions. Unlike traditional explanations that focus on geography, culture, or natural resources, they emphasize the role of political and economic structures in shaping a nation’s destiny.