""Why Nations Fail"is a truly awesome book. Acemoglu and Robinson tackle one of the most important problems in the social sciences--a question that has bedeviled leading thinkers for centuries--and offer an answer that is brilliant in its simplicity and power. A wonderfully readable mix of history, political science, and economics, this book will change the way we think about economic development. "Why Nations Fail" is a must-read book." --Steven Levitt, coauthor of "Freakonomics
"You will have three reasons to love this book. It's about national income differences within the modern world, perhaps the biggest problem facing the world today. It's peppered with fascinating stories that will make you a spellbinder at cocktail parties--such as why Botswana is prospering and Sierra Leone isn't. And it's a great read. Like me, you may succumb to reading it in one go, and then you may come back to it again and again." --Jared Diamond, Pulitzer Prize-winning author of the bestsellers "Guns, Germs, and Steel and Collapse"
"A compelling and highly readable book. And [the] conclusion is a cheering one: the authoritarian 'extractive' institutions like the ones that drive growth in China today are bound to run out of steam. Without the inclusive institutions that first evolved in the West, sustainable growth is impossible, because only a truly free society can foster genuine innovation and the creative destruction that is its corollary." --Niall Ferguson, author of "The Ascent of Money"
"Some time ago a little-known Scottish philosopher wrote a book on what makes nations succeed and what makes them fail. The Wealth of Nations is still being read today. With the same perspicacity and with the same broad historical perspective, Daron Acemoglu and James Robinson have retackled this same question for our own times. Two centuries from now our great-great- . . . -great grandchildren will be, similarly, reading Why Nations Fail." --George Akerlof, Nobel laureateashow more