Essays on Why Nations Fail

In a global economy surrounded by turbulence and instability, Daron Acemoglu and James Robinson attempt to tackle the conundrum of why certain countries live in a permanent state of poverty while others prosper in their novel ‘Why Nations Fail: The Origins of Power, Prosperity, and...

Why Nations Fail The remarkable book Why Nations Fail, written by Doran Acemoglu and James Robinson, provides an insightful look into the revolving theories during the past centuries in how to make nations successful and why these theories fail. These theories, namely, the geographical hypothesis,...

Why Nations Fail Why some nations fail while others succeed have become a mysterious question to many. However, in their book named Why Nations Fail, authors Acemoglu and Robinson have finally revealed to their readers what truly causes nations to fail, which are extractive economic...

Two well-known economists – Daron Acemoglu and James Robinson – co-authored a book called “Why Nations Fail: The Origins of Power, Prosperity and Poverty”. Daron Acemoglu is a Turkish-born American economist, he is “Elizabeth and James Killian Professor of Economics in the Department of Economics...

The level of economic imbalance around the globe, in the past and today, is sincerely astonishing. Although Qatar has the highest GDP per capita in the world, with a staggering $129,700 per capita, Somalia, which is only a 3-hour flight from Qatar (“Distance from Qatar...