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

Why Nations Fail: The Origins of Power, Prosperity, and Poverty is a book that delves into the reasons behind the economic disparities seen across different countries around the globe. It challenges the common explanations such as geography, culture, and ignorance, instead proposing that the key factor is the presence of inclusive or extractive institutions. The book presents a detailed historical analysis, exploring how various countries' political and economic systems have led to their present-day prosperity or poverty.