Ever wondered why some nations are rich while others are poor? Want to delve into the roots of global inequality and the patterns that lie beneath? Interested in the roles of historical events like the Industrial Revolution, the French Revolution, or the division of Korea in shaping economic trajectories? Curious about the choices made by leaders in countries like Sierra Leone, Zimbabwe, or North Korea that perpetuated poverty? Dive in to unravel the mysteries of world inequality and the pivotal role of political and economic institutions in a nation's fate.;
Daron Acemoğlu is a prominent Turkish-American economist renowned for his research on political economy, economic development, human capital theory, and labor economics. He co-authored "Why Nations Fail: The Origins of Power, Prosperity, and Poverty" with political scientist James A. Robinson. The book, published in 2012, explores the underlying reasons why some nations achieve sustained economic success while others remain in poverty, emphasizing the role of institutions and political governance in shaping economic outcomes. Acemoğlu's influential work in this area has made him one of the most cited economists in modern times.
Learn Key Ideas from 9000+
non-fiction books in 15min.