#51 — Why Nations Fail: The Origins of Power, Prosperity, and Poverty

Why Nations Fail: The Origins of Power, Prosperity, and Poverty by Daron Acemoglu
Rating: 2/5
  • In summary, nations fail because they don’t have a political system that is inclusive. An inclusive system enables the success of its citizens by creating opportunities for people to capitalize on their unique talents
  • This simple idea was expounded upon with infinite examples. The opening chapter summarizes the book with great clarity and it’s all you really need to understand the only argument presented in the book