Book

Why Nations Fail

Daron Acemoglu & James A. Robinson · 2012 · Crown

Places inclusive versus extractive political institutions, rather than geography or culture, at the centre of long-run prosperity.

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Countries differ in their economic success because of their different institutions, the rules influencing how the economy works, and the incentives that motivate people.

p. 73 · saved by Dr. Femi Akintola

The Nogales example illustrates that geography and culture cannot explain the divergence when the two halves of one town share both.

p. 9 · saved by Ouattara Bamadou

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Added to the library 12 Jan 2026.