Why Nations Fail is a brilliant and engaging exploration of the age-old question: Why are some nations rich while others remain in poverty?

Authors Daron Acemoglu and James Robinson delve into the intricacies of political and economic institutions that drive the success or failure of nations. They present a compelling argument that it's not geography, culture, or ignorance of policies that determine a nation's prosperity. Instead, it's the man-made institutions that create incentives and opportunities for innovation and economic participation.

Through fascinating examples like the contrasting fates of North and South Korea, and drawing on fifteen years of extensive research, the authors provide extraordinary historical evidence from civilizations such as the Roman Empire, the Mayan city-states, and modern nations like the United States and China.

Why Nations Fail challenges readers to rethink the dynamics of wealth and poverty and provides insights into the political economy that are relevant to the big questions of our time.