WHY NATIONS FAIL THE ORIGINS OF POWER PROSPERITY AND POVERTY

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Why Nations Fail

Author : Daron Acemoglu
ISBN : 9780307719225
Genre : Business & Economics
File Size : 55.83 MB
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An award-winning professor of economics at MIT and a Harvard University political scientist and economist evaluate the reasons that some nations are poor while others succeed, outlining provocative perspectives that support theories about the importance of institutions. Reprint.
Category: Business & Economics

Summary Of Why Nations Fail

Author : Instaread Summaries
ISBN : 1683785045
Genre : Study Aids
File Size : 36.83 MB
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Summary of Why Nations Fail by Daron Acemoglu and James A. Robinson Includes Analysis Preview: Why Nations Fail: The Origins of Power, Prosperity, and Poverty is an examination of the causes of economic inequality. Authors Daron Acemoglu and James A. Robinson conclude that underdevelopment is caused by political institutions and not by geography, climate, or other cultural factors. Elites in underdeveloped countries deliberately plunder their people and keep them impoverished. The city of Nogales is half in Mexico and half in the United States. People in Nogales on the US side of the border are well-educated, prosperous, and have long life expectancies. Those on the Mexican side are poor, poorly educated, and have shorter life expectancies. The differences in Nogales can't be explained by geography or culture. Instead, different governments cause the differences in development. The United States historically established pluralist institutions that encouraged technological innovation and spread wealth throughout the population. By contrast, in Mexico, Spanish conquerors established extractive institutions that were intended to... PLEASE NOTE: This is key takeaways and analysis of the book and NOT the original book. Inside this Instaread Summary of Why Nations Fail by Daron Acemoglu and James A. Robinson Includes Analysis Overview of the Book Important People Key Takeaways Analysis of Key Takeaways About the Author With Instaread, you can get the key takeaways, summary and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience. Visit our website at instaread.co.
Category: Study Aids

Economic Origins Of Dictatorship And Democracy

Author : Daron Acemoglu
ISBN : 0521855268
Genre : Business & Economics
File Size : 45.42 MB
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This book systematically explains why some countries are democracies while others are not.
Category: Business & Economics

Pillars Of Prosperity

Author : Timothy Besley
ISBN : 9780691152684
Genre : Business & Economics
File Size : 47.82 MB
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"Little else is required to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice; all the rest being brought about by the natural course of things." So wrote Adam Smith a quarter of a millennium ago. Using the tools of modern political economics and combining economic theory with a bird's-eye view of the data, this book reinterprets Smith's pillars of prosperity to explain the existence of development clusters--places that tend to combine effective state institutions, the absence of political violence, and high per-capita incomes. To achieve peace, the authors stress the avoidance of repressive government and civil conflict. Easy taxes, they argue, refers not to low taxes, but a tax system with widespread compliance that collects taxes at a reasonable cost from a broad base, like income. And a tolerable administration of justice is about legal infrastructure that can support the enforcement of contracts and property rights in line with the rule of law. The authors show that countries tend to enjoy all three pillars of prosperity when they have evolved cohesive political institutions that promote common interests, guaranteeing the provision of public goods. In line with much historical research, international conflict has also been an important force behind effective states by fostering common interests. The absence of common interests and/or cohesive political institutions can explain the existence of very different development clusters in fragile states that are plagued by poverty, violence, and weak state capacity.
Category: Business & Economics

The Price Of Prosperity

Author : Todd G. Buchholz
ISBN : 9780062405715
Genre : Business & Economics
File Size : 67.20 MB
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In this bold history and manifesto, a former White House director of economic policy exposes the economic, political, and cultural cracks that wealthy nations face and makes the case for transforming those same vulnerabilities into sources of strength—and the foundation of a national renewal. America and other developed countries, including Germany, Japan, France, and Great Britain are in desperate straits. The loss of community, a contracting jobs market, immigration fears, rising globalization, and poisonous partisanship—the adverse price of unprecedented prosperity—are pushing these nations to the brink. Acclaimed author, economist, hedge fund manager, and presidential advisor Todd G. Buchholz argues that without a sense of common purpose and shared identity, nations can collapse. The signs are everywhere: Reckless financial markets encourage people to gamble with other people’s money. A coddling educational culture removes the stigma of underachievement. Community traditions such as American Legion cookouts and patriotic parades are derided as corny or jingoistic. Newcomers are watched with suspicion and contempt. As Buchholz makes clear, the United States is not the first country to suffer these fissures. In The Price of Prosperity he examines the fates of previous empires—those that have fallen as well as those extricated from near-collapse and the ruins of war thanks to the vision and efforts of strong leaders. He then identifies what great leaders do to fend off the forces that tear nations apart. Is the loss of empire inevitable? No. Can a community spirit be restored in the U.S. and in Europe? The answer is a resounding yes. We cannot retrieve the jobs of our grandparents, but we can embrace uniquely American traditions, while building new foundations for growth and change. Buchholz offers a roadmap to recovery, and calls for a revival of national pride and patriotism to help us come together once again to protect the nation and ensure our future.
Category: Business & Economics

World Order

Author : Bryan Gibson
ISBN : 9781351350983
Genre :
File Size : 44.25 MB
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Henry Kissinger's 2014 book World Order: Reflections on the Character of Nations and the Course of History not only offers a summary of thinking developed throughout a long and highly influential career-it is also an intervention in international relations theory by one of the most famous statesmen of the twentieth century. Kissinger initially trained as a university professor before becoming Secretary of State to President Richard Nixon in 1973 - a position in which he both won the Nobel Peace Prize and was accused of war crimes by protesters against American military actions in Vietnam. While a controversial figure, Kissinger is widely agreed to have a unique level of practical and theoretical expertise in politics and international relations - and World Order is the culmination of a lifetime's experience of work in those fields. The product of a master of the critical thinking skill of interpretation, World Order takes on the challenge of defining the worldviews at play in global politics today. Clarifying precisely what is meant by the different notions of 'order' imagined by nations across the world, as Kissinger does, highlights the challenges of world politics, and sharpens the focus on efforts to make surmounting these divisions possible. While Kissinger's own reputation will likely remain equivocal, there is no doubting the interpretative skills he displays in this engaging and illuminating text.
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The Poverty Of Nations

Author : Wayne Grudem
ISBN : 9781433539114
Genre : Religion
File Size : 55.19 MB
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We can win the fight against global poverty. Combining penetrating economic analysis with insightful theological reflection, this book sketches a comprehensive plan for increasing wealth and protecting stability at a national level.
Category: Religion

Culture And Prosperity

Author : John Kay
ISBN : 9780060587055
Genre : Business & Economics
File Size : 37.65 MB
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A witty and accessible tour de force that is immersed in the latest economic thinking, Culture and Prosperity is an indispensable guide to the world around us and destined to become a classic text for understanding the politics of globalization. Guided by the belief that a combination of lightly regulated capitalism and liberal democracy -- the American business model -- is not just appropriate for America at the dawn of the twenty-first century, but a universal path to freedom and prosperity, the United States is an unrivaled colossus seeking to remake the world in its own image. After a decade of successive market revolutions around the world, beginning with the collapse of the Berlin Wall and continuing in countries as diverse as Argentina and New Zealand, the effectiveness of the market economy as a route to prosperity and growth is not in question, but a more sophisticated appreciation of the strengths and limits of markets is urgently required. In this new and illuminating analysis of the nature and evolution of the market economy, John Kay attacks the oversimplified account of its operation, contained in the American business model and favored by politicians and business people. He even questions whether it offers an accurate description of the success of the American economy itself. In an absorbing argument that rewards close reading, and rereading, Culture and Prosperity examines every assumption we have about economic life from a refreshingly new angle. Taking the reader from the shores of Lake Zurich to the streets of Mumbai, from the flower market of San Remo to the sales rooms at Christie's, John Kay reveals the connection between a nation's social, political, and cultural context and its economic performance.
Category: Business & Economics

Economists And The State

Author : Timothy P. Roth
ISBN : 9781781951934
Genre : Business & Economics
File Size : 82.16 MB
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This book will appeal to scholars and students of political economy, political thought, public choice economics and Austrian economics as well as to practitioners and policy-makers interested in how economics should support those serving the public.ø &
Category: Business & Economics