“WHY NATIONS FAIL” OR AMERICAN SCHOLARSHIP AND EASTERN-EUROPEAN ECONOMIC AND POLITICAL INSIGHTS
“WHY NATIONS FAIL” OR AMERICAN SCHOLARSHIP AND EASTERN-EUROPEAN ECONOMIC AND POLITICAL INSIGHTS

Summary/Abstract: “Why Nations Fail. The Origins of Power, Prosperity and Poverty” by Acemoglu and Robinson was published in 2012 and took the world by storm as the two U.S. professors launched a new theory on the origin of economic disparities, past and present. The 500 page volume builds on 15 years of comprehensive research that explores the rise and fall of states and empires, from the Neolithic Revolution to the current developments in China, with due attention to all the outburst of economic and institutional creativity, be it manifested in the Maya civilization or the Industrial Revolution.

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