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Why Nations Fail
- The Origins of Power, Prosperity, and Poverty
- Narrateur(s): Dan Woren
- Durée: 17 h et 55 min
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A thousand years of history and contemporary evidence make one thing clear. Progress depends on the choices we make about technology. New ways of organizing production and communication can either serve the narrow interests of an elite or become the foundation for widespread prosperity. With their breakthrough economic theory and manifesto for a better society, Acemoglu and Johnson provide the vision needed to reshape how we innovate and who really gains from technological advances.
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The Origins of Political Order: From Prehuman Times to the French Revolution
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Mises wrote this book for the ages, and it remains the most spirited, thorough, and scientifically rigorous treatise on money ever to appear. This classic treatise was the first really great integration of microeconomics and macroeconomics, and it remains the definitive book on the foundations of monetary theory. As Rothbard points out in his introduction to "the best book on money ever written," economists have yet to absorb all its lessons.
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Description
Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine?
Is it culture, the weather, geography? Perhaps ignorance of what the right policies are?
Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence?
Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions - with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories.
Based on 15 years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including:
- China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West?
- Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority?
- What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions?
Why Nations Fail will change the way you look at—and understand—the world.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
Ce que les critiques en disent
"Why Nations Fail is a truly awesome book. Acemoglu and Robinson tackle one of the most important problems in the social sciences - a question that has bedeviled leading thinkers for centuries - and offer an answer that is brilliant in its simplicity and power. A wonderfully readable mix of history, political science, and economics, this book will change the way we think about economic development. Why Nations Fail is a must-read book." (Steven Levitt, co-author of Freakonomics)
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Ce que les auditeurs disent de Why Nations Fail
Moyenne des évaluations de clientsÉvaluations – Cliquez sur les onglets pour changer la source des évaluations.
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- John
- 2018-08-29
Interesting take with incomplete conclusions
The main thrust is that inequality, exploitation and disenfranchisement lead to economic stagnation. However, while it is happy to point out these problems in the pre-industrialized West, the 20th century east and modern 3rd world, the West today, especially the US is only discussed in the terms of it's success in escaping those problems. It ignores growing inequality under modern capitalism and shrinking political autonomy (eg. Citizens United). They hypothesize that countries like the US will continue to flourish, but China and others are likely to fail unless they adopt a completely free market and democracy. It has a fairly apparent libertarian, free market bias that leaves the conclusions and discussion incomplete.
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- Wells Cushnie
- 2023-05-11
Should be required reading.
think you know how the world works? why countries are rich or poor? throw out your assumptions as you almost definitely fall into one of a few common incorrect ideological camps that have led to a $ trillion $$ in failed aid and helped numerous dictators rob their countries blind. this book doesn't give easy solutions since the problem is complex, but it does a very very good job of explaining what the problem is, using innumerable historical examples from all around the world. right now forces in your country are fighting to extract every drop of value and filter it into their clients pockets. and you'll let them because they say they are socialists, nationalists, monarchists, anticolonial, colonial, progressive, conservative, or whatever they think will keep the $ taps flowing. and as the country crumbles and falls into poverty, they will redouble their efforts and toast the destruction. read (listen to!!) it. you need to be a bit literate. but it's worth it. to it.
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- youcef diafat
- 2022-12-22
an 18-hour ad for liberal democracy
good book overall very academic, it feels like armchair philosophy mostly. the book gets repetitive by second half. edit 2024: at first i thought why don't you explain specifically what Western institutions do so well instead of vaguely saying copy the us and Europe but he never specified what they do because they are the most corrupt institutions, north korea have better moral compass than the us army , the west is what create poverty, this man work the western instituions and is using soft power to keep poor countries poor and his interest rich and beloved, your spot in hell is waiting for you.
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- Robert
- 2022-11-10
a valuable read
I learned a lot from this book on why nations fail and why they succeed. It depends on whether they have extractive or inclusive institutions. With knowledge like this becoming more well known, there may be hope for some improvement in the world. At least we will have the right goals to shoot for.
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- Rob Stocki
- 2022-05-03
Essential for anyone who values freedom
This course is one of the best out there explaining the reasons for power, prosperity and poverty in any organized society.
It is a roadmap for good with many examples in history that support the conclusions.
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- Colin
- 2022-03-18
extractive institutions
Bit repetive at times but excellent content and theory. Definitely still recommend, just take some breaks.
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- Serge
- 2021-10-17
Detailed and to the point
Book explains the difference between extractive and inclusive economical institutions and the roll they play on the nations success and failure. A must read or listen.
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- P.G
- 2020-08-15
informative
very informative theory and book. very good read for any one. fun and relaxing
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- Utilisateur anonyme
- 2020-05-07
an encyclopedic survey of modern economics
the first chapter sets up the authors main thesis regarding the causes of economic prosperity of modern nations and the remaining chapters provide tons of examples to support this thesis. Can be a bit repetitive as you approach the later parts of the book. A must read. Requires a lot of stamina to get to the end :)
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- Alusine Kamara
- 2020-04-24
An eye opener for national development aspirants
This was well put together. A body of knowledge worth revisiting regularly for policy advisers in developing nations. It can also be instrumental in the drafting of a strategy to approach a development project intended for developing countries.
While I admit that I may need another review of this work to fully appreciate it, I have one question that the author might shed a little light on.
The research highlighted the main barriers to sustainable development in many developing nations. And it provided Brazil as a case study for overcoming one of such barriers through civil society mobilization. Although this was yet to be a fact at the time of publication, the gains Brazil made during the Lula era are being dismantled right now. What could Brazil have done differently to ensure enduring progress?
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