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Instaread Summary of Why Nations Fail by Instaread Summaries
Summary of Why Nations Fail by Daron Acemoglu and James A. Robinson Includes AnalysisPreview Why Nations Fail: The Origins of Power Prosperity and Poverty is an examination of the causes of economic inequality. Authors Daron Acemoglu and James A. Robinson conclude that underdevelopment is caused by political institutions and not by geography climate or other cultural factors. Elites in underdeveloped countries deliberately plunder their people and keep them impoverished.The city of Nogales is half in Mexico and half in the United States. People in Nogales on the US side of the border are welleducated prosperous and have long life expectancies. Those on the Mexican side are poor poorly educated and have shorter life expectancies.The differences in Nogales cant be explained by geography or culture. Instead different governments cause the differences in development. The United States historically established pluralist institutions that encouraged technological innovation and spread wealth throughout the population. By contrast in Mexico Spanish conquerors established extractive institutions that were intended to.PLEASE NOTE: This is key takeaways and analysis of the book and NOT the original book.Inside this Instaread Summary of Why Nations Fail by Daron Acemoglu and James A. Robinson Includes AnalysisOverview of the Book Important People Key Takeaways Analysis of Key Takeaways About the AuthorWith Instaread you can get the key takeaways summary and analysis of a book in 15 minutes. We read every chapter identify the key takeaways and analyze them for your convenience. Visit our website at instaread.co.show more