Why Nations Fail: The Origins of Power, Prosperity and Poverty. Daron Acemoglu and James A. Robinson

Why are some nations more prosperous than others? This title sets out to answer this question. It offers a pragmatic basis for the hope that at 'critical junctures' in history, those mired in poverty can be placed on the path to prosperity - with important consequences for our views on everything fr [...]
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Why are some nations more prosperous than others? This title sets out to answer this question. It offers a pragmatic basis for the hope that at 'critical junctures' in history, those mired in poverty can be placed on the path to prosperity - with important consequences for our views on everything from the role of aid to the future of China.