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Why Nations Fail

The Origins of Power, Prosperity, and Poverty

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Why Nations Fail

Written by: Daron Acemoglu, James A. Robinson
Narrated by: Dan Woren
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Buy Now for ₹1,206.00

Buy Now for ₹1,206.00

About this listen

 NEW YORK TIMES AND WALL STREET JOURNAL BESTSELLER • From two winners of the 2024 Nobel Prize in Economic Sciences, “who have demonstrated the importance of societal institutions for a country’s prosperity”

“A wildly ambitious work that hopscotches through history and around the world to answer the very big question of why some countries get rich and others don’t.”—The New York Times

FINALIST: Financial Times and Goldman Sachs Business Book of the Year Award • ONE OF THE BEST BOOKS OF THE YEAR: The Washington Post, Financial Times, The Economist, BusinessWeek, Bloomberg, The Christian Science Monitor, The Plain Dealer

Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, or geography that determines prosperity or poverty? As Why Nations Failshows, none of these factors is either definitive or destiny.

Drawing on fifteen years of original research, Daron Acemoglu and James Robinson conclusively show that it is our man-made political and economic institutions that underlie economic success (or the lack of it). Korea, to take just one example, is a remarkably homogenous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The differences between the Koreas is due to the politics that created those two different institutional trajectories. Acemoglu and Robinson marshal extraordinary historical evidence from the Roman Empire, the Mayan city-states, the Soviet Union, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, among them:

• Will China’s economy continue to grow at such a high speed and ultimately overwhelm the West?

• Are America’s best days behind it? Are we creating a vicious cycle that enriches and empowers a small minority?

*Includes a downloadable PDF of maps from the book

“This book will change the way people think about the wealth and poverty of nations . . . as ambitious as Jared Diamond’s Guns, Germs, and Steel.”—BusinessWeek




 Business Development Comparative Economic History Economics International Political Science Politics & Government Public Policy Small Business & Entrepreneurship United States World Comparative Politics International Politics International Development
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An insightful journey through the economic history of nations. It has changed my way of looking at government policies. As an Indian I couldn't explain to people why govt promoting multinational Indian based companies like reliance and Adani is bad for india. now I know exactly why. thank you

brilliant

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It was long, informative and detailed. Though there is a small for opportunity but still I will call it a great book. Thanks for writing and presenting.

Great

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This book helped me realize how my nation is failing exactly and qualitatively, hence helper me in understanding policy and governance.

My failing nation

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Central arguments well substantiated by elaborate examples from different parts of the globe. I was very slow in progressing with this book, and had to rehear many sections by a couple of minutes. A lot of names involved. However, it is worth your time if you are interested in the subject, though it maybe dry for a lot of people. The central argument is made in the first few minutes itself. Rest of the book not just substantiates the argument, but also helps us in understanding how different countries have come to the present state. Wish I had read a paperback edition for making highlights for future reference, though listening is much easier. Appreciate the hard research and thought process done by the authors in bringing out the book in a well structured form. The book doesn't make any false promises or offer quick remedies and hence was never repelling.

Clear and Informative, well narrated

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Interesting thought, but the author keeps belabouring the same point. Useful to understand the larger picture

Good thought but a little stretched

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