"Why Nations Fail," by Daron Acemoglu and James A. Robinson
Published in: The Washington Post, Books, Apr. 20, 2012
Posted on RAND.org on April 01, 2012
The author reviews "Why Nations Fail," by Daron Acemoglu and James A. Robinson. "Why Nations Fail" focuses on the historical currents and critical junctures that mold modern polities: the processes of institutional drift that produce political and economic institutions that can be either inclusive -- focused on power-sharing, productivity, education, technological advances and the well-being of the nation as a whole; or extractive -- bent on grabbing wealth and resources away from one part of society to benefit another.