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Why Nations Fail

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Why Nations Fail

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Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others po ...

  • L'auteur : ,
  • Editeur: Currency
  • ISBN: 0307719235
  • Genre: Business & Economics
  • Nombre de pages: 544
  • Langue: French/English
  • Vues: 1052
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Détails: 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 fifteen 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.


Summary of Why Nations Fail

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  • L'auteur : Instaread
  • Editeur: Instaread
  • ISBN: 168378507X
  • Genre: Study Aids
  • Nombre de pages: 40
  • Langue: French/English
  • Vues: 1268
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Why Latin American Nations Fail

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The question of development is a major topic in courses across the social sciences and history, particularly those focused on Latin America. Many scholars ...

  • L'auteur : Matías Vernengo,Esteban Pérez Caldentey
  • Editeur: Univ of California Press
  • ISBN: 0520964527
  • Genre: History
  • Nombre de pages: 240
  • Langue: French/English
  • Vues: 1352
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Détails: The question of development is a major topic in courses across the social sciences and history, particularly those focused on Latin America. Many scholars and instructors have tried to pinpoint, explain, and define the problem of underdevelopment in the region. With new ideas have come new strategies that by and large have failed to explain or reduce income disparity and relieve poverty in the region. Why Latin American Nations Fail brings together leading Latin Americanists from several disciplines to address the topic of how and why contemporary development strategies have failed to curb rampant poverty and underdevelopment throughout the region. Given the dramatic political turns in contemporary Latin America, this book offers a much-needed explanation and analysis of the factors that are key to making sense of development today.


Why the West Rules - For Now

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Why does the West rule? In this magnum opus, eminent Stanford polymath Ian Morris answers this provocative question, drawing on 50,000 years of history, ar ...

  • L'auteur : Ian Morris
  • Editeur: McClelland & Stewart
  • ISBN: 1551995816
  • Genre: History
  • Nombre de pages: 768
  • Langue: French/English
  • Vues: 1958
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Détails: Why does the West rule? In this magnum opus, eminent Stanford polymath Ian Morris answers this provocative question, drawing on 50,000 years of history, archeology, and the methods of social science, to make sense of when, how, and why the paths of development differed in the East and West — and what this portends for the 21st century. There are two broad schools of thought on why the West rules. Proponents of "Long-Term Lock-In" theories such as Jared Diamond suggest that from time immemorial, some critical factor — geography, climate, or culture perhaps — made East and West unalterably different, and determined that the industrial revolution would happen in the West and push it further ahead of the East. But the East led the West between 500 and 1600, so this development can't have been inevitable; and so proponents of "Short-Term Accident" theories argue that Western rule was a temporary aberration that is now coming to an end, with Japan, China, and India resuming their rightful places on the world stage. However, as the West led for 9,000 of the previous 10,000 years, it wasn't just a temporary aberration. So, if we want to know why the West rules, we need a whole new theory. Ian Morris, boldly entering the turf of Jared Diamond and Niall Ferguson, provides the broader approach that is necessary, combining the textual historian's focus on context, the anthropological archaeologist's awareness of the deep past, and the social scientist's comparative methods to make sense of the past, present, and future — in a way no one has ever done before.


The Origins of Political Order

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A New York Times Notable Book for 2011 A Globe and Mail Best Books of the Year 2011 Title A Kirkus Reviews Best Nonfiction of 2011 title Virtually all huma ...

  • L'auteur : Francis Fukuyama
  • Editeur: Farrar, Straus and Giroux
  • ISBN: 9781429958936
  • Genre: History
  • Nombre de pages: 608
  • Langue: French/English
  • Vues: 1874
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Détails: A New York Times Notable Book for 2011 A Globe and Mail Best Books of the Year 2011 Title A Kirkus Reviews Best Nonfiction of 2011 title Virtually all human societies were once organized tribally, yet over time most developed new political institutions which included a central state that could keep the peace and uniform laws that applied to all citizens. Some went on to create governments that were accountable to their constituents. We take these institutions for granted, but they are absent or are unable to perform in many of today's developing countries—with often disastrous consequences for the rest of the world. Francis Fukuyama, author of the bestselling The End of History and the Last Man and one of our most important political thinkers, provides a sweeping account of how today's basic political institutions developed. The first of a major two-volume work, The Origins of Political Order begins with politics among our primate ancestors and follows the story through the emergence of tribal societies, the growth of the first modern state in China, the beginning of the rule of law in India and the Middle East, and the development of political accountability in Europe up until the eve of the French Revolution. Drawing on a vast body of knowledge—history, evolutionary biology, archaeology, and economics—Fukuyama has produced a brilliant, provocative work that offers fresh insights on the origins of democratic societies and raises essential questions about the nature of politics and its discontents.


13 Bankers

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In spite of its key role in creating the ruinous financial crisis of 2008, the American banking industry has grown bigger, more profitable, and more resist ...

  • L'auteur : Simon Johnson,James Kwak
  • Editeur: Vintage
  • ISBN: 0307379221
  • Genre: Business & Economics
  • Nombre de pages: 336
  • Langue: French/English
  • Vues: 1664
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Détails: In spite of its key role in creating the ruinous financial crisis of 2008, the American banking industry has grown bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks whose assets amount to more than 60 percent of the country’s gross domestic product, this oligarchy proved it could first hold the global economy hostage and then use its political muscle to fight off meaningful reform. 13 Bankers brilliantly charts the rise to power of the financial sector and forcefully argues that we must break up the big banks if we want to avoid future financial catastrophes. Updated, with additional analysis of the government’s recent attempt to reform the banking industry, this is a timely and expert account of our troubled political economy.


The White Man's Burden

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From one of the world’s best-known development economists—an excoriating attack on the tragic hubris of the West’s efforts to improve the lot of the ...

  • L'auteur : William Easterly
  • Editeur: Penguin
  • ISBN: 1101218126
  • Genre: Social Science
  • Nombre de pages: 448
  • Langue: French/English
  • Vues: 1494
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Détails: From one of the world’s best-known development economists—an excoriating attack on the tragic hubris of the West’s efforts to improve the lot of the so-called developing world In his previous book, The Elusive Quest for Growth, William Easterly criticized the utter ineffectiveness of Western organizations to mitigate global poverty, and he was promptly fired by his then-employer, the World Bank. The White Man’s Burden is his widely anticipated counterpunch—a brilliant and blistering indictment of the West’s economic policies for the world’s poor. Sometimes angry, sometimes irreverent, but always clear-eyed and rigorous, Easterly argues that we in the West need to face our own history of ineptitude and draw the proper conclusions, especially at a time when the question of our ability to transplant Western institutions has become one of the most pressing issues we face.


The Roman Guide to Slave Management

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Having spent most of his life managing his servants—many of them prisoners from Rome’s military conquests—he decided to write a kind of owner’s man ...

  • L'auteur : Jerry Toner
  • Editeur: Abrams
  • ISBN: 1468310275
  • Genre: History
  • Nombre de pages: 192
  • Langue: French/English
  • Vues: 1398
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Détails: Having spent most of his life managing his servants—many of them prisoners from Rome’s military conquests—he decided to write a kind of owner’s manual for his friends and countrymen. The result, The Roman Guide to Slave Management, is a sly, subversive guide to the realities of servitude in ancient Rome. Cambridge scholar Jerry Toner uses Falx, his fictional but true-to-life creation, to describe where and how to Romans bought slaves, how they could tell an obedient worker from a troublemaker, and even how the ruling class reacted to the inevitable slave revolts. Toner also adds commentary throughout, analyzing the callous words and casual brutality of Falx and his compatriots and putting it all in context for the modern reader. Written with a deep knowledge of ancient culture—and the depths of its cruelty—this is the Roman Empire as you’ve never seen it before.


Why Nations Fail. Key Arguments and Empirical Support of the Theories

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Essay from the year 2018 in the subject Politics - International Politics - Topic: Globalization, Political Economics, University of Göttingen, language: ...

  • L'auteur : Johannes Simon
  • Editeur: GRIN Verlag
  • ISBN: 3668965323
  • Genre: Political Science
  • Nombre de pages: 16
  • Langue: French/English
  • Vues: 1588
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Détails: Essay from the year 2018 in the subject Politics - International Politics - Topic: Globalization, Political Economics, University of Göttingen, language: English, abstract: “An estimated 766 million people, or 10.7 percent of the world’s population, lived in extreme poverty in 2013.” (World Bank 2017, p. 1) As if these numbers itself weren’t enough sign of the great inequality in incomes after centuries of prosperity, following the World Income Indicators, more than half of the people living under these circumstances originate from one region, Sub-Saharan-Africa. Maybe as long as growth has been observable, controversies about the causes and its inherent erratic distribution flourished. Over time, many hypotheses have been proposed, discussed and rejected. Two of the ones that managed to establish themselves are subject of this essay. More specifically, what their key arguments and empirical support are. One the one hand, the institutional theory of growth promoted most notably by Acemoglu and fellows (2012; 2005). On the other hand the geographic theory of growth, proposed by Sachs et al. (1998; 1999). Plan of the essay is as follows. Chapter II will describe the institutional theory of growth as described in Acemoglu and Robinson (2012). Chapter III assesses the key factors and their empirical support of the institutional and geographic growth hypotheses respectively. Followed by Chapter IV, which gives insight on surrounding literature. Chapter V discusses the main problems of each line of argument, concluding that the institutional model offers more consistency.


Redesigning AI

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A look at how new technologies can be put to use in the creation of a more just society. Artificial Intelligence (AI) is not likely to make humans redundan ...

  • L'auteur : Daron Acemoglu
  • Editeur: MIT Press
  • ISBN: 1946511633
  • Genre: Computers
  • Nombre de pages: 192
  • Langue: French/English
  • Vues: 642
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Détails: A look at how new technologies can be put to use in the creation of a more just society. Artificial Intelligence (AI) is not likely to make humans redundant. Nor will it create superintelligence anytime soon. But it will make huge advances in the next two decades, revolutionize medicine, entertainment, and transport, transform jobs and markets, and vastly increase the amount of information that governments and companies have about individuals. AI for Good leads off with economist and best-selling author Daron Acemoglu, who argues that there are reasons to be concerned about these developments. AI research today pays too much attention to the technological hurtles ahead without enough attention to its disruptive effects on the fabric of society: displacing workers while failing to create new opportunities for them and threatening to undermine democratic governance itself. But the direction of AI development is not preordained. Acemoglu argues for its potential to create shared prosperity and bolster democratic freedoms. But directing it to that task will take great effort: It will require new funding and regulation, new norms and priorities for developers themselves, and regulations over new technologies and their applications. At the intersection of technology and economic justice, this book will bring together experts--economists, legal scholars, policy makers, and developers--to debate these challenges and consider what steps tech companies can do take to ensure the advancement of AI does not further diminish economic prospects of the most vulnerable groups of population.


The Absolutely True Diary of a Part-Time Indian

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Bestselling author Sherman Alexie tells the story of Junior, a budding cartoonist growing up on the Spokane Indian Reservation. Determined to take his futu ...

  • L'auteur : Sherman Alexie
  • Editeur: Little, Brown Books for Young Readers
  • ISBN: 0316219304
  • Genre: Young Adult Fiction
  • Nombre de pages: 272
  • Langue: French/English
  • Vues: 1053
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Détails: Bestselling author Sherman Alexie tells the story of Junior, a budding cartoonist growing up on the Spokane Indian Reservation. Determined to take his future into his own hands, Junior leaves his troubled school on the rez to attend an all-white farm town high school where the only other Indian is the school mascot. Heartbreaking, funny, and beautifully written, The Absolutely True Diary of a Part-Time Indian, which is based on the author's own experiences, coupled with poignant drawings by Ellen Forney that reflect the character's art, chronicles the contemporary adolescence of one Native American boy as he attempts to break away from the life he was destined to live. With a forward by Markus Zusak, interviews with Sherman Alexie and Ellen Forney, and four-color interior art throughout, this edition is perfect for fans and collectors alike.


SUMMARY - Why Nations Fail: The Origins Of Power, Prosperity, And Poverty By Daron Acemoglu And James A. Robinson

Telecharger pdf SUMMARY - Why Nations Fail: The Origins Of Power, Prosperity, And Poverty By Daron Acemoglu And James A. Robinson

* Our summary is short, simple and pragmatic. It allows you to have the essential ideas of a big book in less than 30 minutes. As you read this summary, yo ...

  • L'auteur : Shortcut Edition
  • Editeur: Shortcut Edition
  • ISBN:
  • Genre: Business & Economics
  • Nombre de pages: 35
  • Langue: French/English
  • Vues: 1643
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Détails: * Our summary is short, simple and pragmatic. It allows you to have the essential ideas of a big book in less than 30 minutes. As you read this summary, you will learn why the presence or absence of certain political and economic institutions encourage or retard progress toward prosperity. You will also discover that : Poor countries are not poor because their leaders do not know how to enrich their people; China's current growth will not last; In many countries, the ruling elites oppose economic development for fear of losing their omnipotence; Some countries have managed to overcome many natural and cultural handicaps; Colonization, far from promoting development, has on the contrary impoverished the countries that were victims of it; Institutions evolve with history and sometimes take the wrong path. Two localities that form one and have the same name: Nogales. One is in the United States, in the state of Arizona, and the other in Mexico, in the state of Sonora. The political boundary between the two cities is largely artificial: both have more or less the same population, the same culture. Why, then, is Nogales, Arizona, a rich city, while Nogales, Sonora, is a poor city? It's because they don't have the same institutions. The political and social institutions of Nogales-Arizona promote growth and economic development, while those of Nogales-Sonora discourage them. *Buy now the summary of this book for the modest price of a cup of coffee!


The Righteous Mind

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The bestseller that challenges conventional thinking about morality, politics, and religion in a way that speaks to conservatives and liberals alike—a ...

  • L'auteur : Jonathan Haidt
  • Editeur: Vintage
  • ISBN: 0307907031
  • Genre: Psychology
  • Nombre de pages: 384
  • Langue: French/English
  • Vues: 1913
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Détails: The bestseller that challenges conventional thinking about morality, politics, and religion in a way that speaks to conservatives and liberals alike—a “landmark contribution to humanity’s understanding of itself” (The New York Times Book Review). Drawing on his twenty-five years of groundbreaking research on moral psychology, social psychologist Jonathan Haidt shows how moral judgments arise not from reason but from gut feelings. He shows why liberals, conservatives, and libertarians have such different intuitions about right and wrong, and he shows why each side is actually right about many of its central concerns. In this subtle yet accessible book, Haidt gives you the key to understanding the miracle of human cooperation, as well as the curse of our eternal divisions and conflicts. If you’re ready to trade in anger for understanding, read The Righteous Mind.


Money and Government

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The dominant view in economics is that money and government should play only a minor role in economic life. Money, it is claimed, is nothing more than a me ...

  • L'auteur : Robert Skidelsky
  • Editeur: Penguin UK
  • ISBN: 0241352835
  • Genre: Business & Economics
  • Nombre de pages: 352
  • Langue: French/English
  • Vues: 1533
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Détails: The dominant view in economics is that money and government should play only a minor role in economic life. Money, it is claimed, is nothing more than a medium of exchange; and economic outcomes are best left to the 'invisible hand' of the market. In contrast, the view taken in this important new book is that the omnipresence of uncertainty makes money and government essential features of any market economy. One reason we want to hold onto money is that we don't know what the future will bring. Government - good government - makes the future more predictable and therefore reduces this demand for money. After Adam Smith, orthodoxy persistently espoused non-intervention in markets, but the Great Depression of 1929-32 stopped the artificers of orthodox economics in their tracks. A precarious balance of forces between government, employers, and trade unions enabled Keynesian economics to emerge as the new policy paradigm of the Western world. However, the stagflation of the 1970s led to the rejection of Keynesian policy and a return to small-state neoclassical dominance. Thirty years later, the 2008 global financial crash was severe enough to have shaken the neoclassical supremacy, but, curiously, this did not happen. Once the crisis had been overcome - by Keynesian measures taken in desperation - the pre-crash dogma was reinstated, undermined but unbowed. Since then, no new 'big idea' has emerged, and neoclassical economics has maintained its sway, enacting punishing austerity agendas that leave us with a still-anaemic global economy. This book aims to familiarize the reader with essential elements of Keynes's 'big idea'. By showing that much of economic orthodoxy is far from being the hard science it claims to be, it aims to embolden the next generation of economists to break free from their conceptual prisons and afford money and government the starring roles in the economic drama that they deserve.


Prisoners of Geography

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In this New York Times bestseller, an award-winning journalist uses ten maps of crucial regions to explain the geo-political strategies of the world powers ...

  • L'auteur : Tim Marshall
  • Editeur: Simon and Schuster
  • ISBN: 1501121480
  • Genre: Political Science
  • Nombre de pages: 304
  • Langue: French/English
  • Vues: 928
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Détails: In this New York Times bestseller, an award-winning journalist uses ten maps of crucial regions to explain the geo-political strategies of the world powers—“fans of geography, history, and politics (and maps) will be enthralled” (Fort Worth Star-Telegram). Maps have a mysterious hold over us. Whether ancient, crumbling parchments or generated by Google, maps tell us things we want to know, not only about our current location or where we are going but about the world in general. And yet, when it comes to geo-politics, much of what we are told is generated by analysts and other experts who have neglected to refer to a map of the place in question. All leaders of nations are constrained by geography. In “one of the best books about geopolitics” (The Evening Standard), now updated to include 2016 geopolitical developments, journalist Tim Marshall examines Russia, China, the US, Latin America, the Middle East, Africa, Europe, Japan, Korea, and Greenland and the Arctic—their weather, seas, mountains, rivers, deserts, and borders—to provide a context often missing from our political reportage: how the physical characteristics of these countries affect their strengths and vulnerabilities and the decisions made by their leaders. Offering “a fresh way of looking at maps” (The New York Times Book Review), Marshall explains the complex geo-political strategies that shape the globe. Why is Putin so obsessed with Crimea? Why was the US destined to become a global superpower? Why does China’s power base continue to expand? Why is Tibet destined to lose its autonomy? Why will Europe never be united? The answers are geographical. “In an ever more complex, chaotic, and interlinked world, Prisoners of Geography is a concise and useful primer on geopolitics” (Newsweek) and a critical guide to one of the major determining factors in world affairs.


Breakout Nations: In Pursuit of the Next Economic Miracles

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International Bestseller One of Foreign Policy's "21 Books to Read in 2012" A Publishers Weekly Top 10 Business Book “The best book on global economic tr ...

  • L'auteur : Ruchir Sharma
  • Editeur: W. W. Norton & Company
  • ISBN: 0393083837
  • Genre: Business & Economics
  • Nombre de pages: 336
  • Langue: French/English
  • Vues: 1145
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Détails: International Bestseller One of Foreign Policy's "21 Books to Read in 2012" A Publishers Weekly Top 10 Business Book “The best book on global economic trends I’ve read in a while.”—Fareed Zakaria, CNN GPS To identify the economic stars of the future we should abandon the habit of extrapolating from the recent past and lumping wildly diverse countries together. We need to remember that sustained economic success is a rare phenomenon. After years of rapid growth, the most celebrated emerging markets—Brazil, Russia, India, and China—are about to slow down. Which countries will rise to challenge them? In his best-selling book, writer and investor Ruchir Sharma identifies which countries are most likely to leap ahead and why, drawing insights from time spent on the ground and detailed demographic, political, and economic analysis. With a new chapter on America’s future economic prospects, Breakout Nations offers a captivating picture of the shifting balance of global economic power among emerging nations and the West.


Histories of Nations: How Their Identities Were Forged

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Twenty-eight intimate and unconventional autobiographies of the nation/state, told by historians from their respective countries. Global histories tend to ...

  • L'auteur : Peter Furtado
  • Editeur: Thames & Hudson
  • ISBN: 0500772355
  • Genre: History
  • Nombre de pages: 320
  • Langue: French/English
  • Vues: 623
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Détails: Twenty-eight intimate and unconventional autobiographies of the nation/state, told by historians from their respective countries. Global histories tend to be written from the narrow viewpoint of a single author and a single perspective, with the inevitable bias that it entails. But in this thought-provoking collection, twenty-eight writers and scholars give engaging, often passionate accounts of their own nation’s history. The countries have been selected to represent every continent and every type of state: large and small; mature democracies and religious autocracies; states that have existed for thousands of years and those born as recently as the twentieth century. Together they contain two-thirds of the world’s population. In the United States, for example, the myth of the nation’s “historylessness” remains strong, but in China history is seen to play a crucial role in legitimizing three thousand years of imperial authority. “History wars” over the content of textbooks rage in countries as diverse as Australia, Russia, and Japan. Some countries, such as Iran or Egypt, are blessed—or cursed—with a glorious ancient history that the present cannot equal; others, such as Germany, must find ways of approaching and reconciling the pain of the recent past.


The 10 Rules of Successful Nations

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The 10 Rules of Successful Nations offers a pithy guide to real-world economics, adapted from the New York Times bestseller The Rise and Fall of Nations. A ...

  • L'auteur : Ruchir Sharma
  • Editeur: W. W. Norton & Company
  • ISBN: 0393651959
  • Genre: Business & Economics
  • Nombre de pages: 256
  • Langue: French/English
  • Vues: 877
  • Telecharger: 877
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Détails: The 10 Rules of Successful Nations offers a pithy guide to real-world economics, adapted from the New York Times bestseller The Rise and Fall of Nations. A wake-up call to economists who failed to foresee every recent crisis, including the cataclysm of 2008, The 10 Rules of Successful Nations is a slim primer full of pioneering insights on the political, economic, and social habits of successful nations. Distilled from Sharma’s quarter century traveling the world as a writer and investor, his rules challenge conventional textbook thinking on what matters—and what doesn’t—for a strong economy. He shows why successful nations embrace robots and immigrants, prefer democratic leaders to autocrats, elect charismatic reformers over technocrats, and pay no mind to the debate about big versus small government. He explains why rising stock prices matter as much or more than food prices, which measure of debt is the best predictor of economic crises, and why no one number can accurately capture the value of a currency. He also demonstrates how a close reading of the Forbes billionaire lists can offer the clearest real-time warning of populist revolts against the wealthy. Updated with brand-new data, 10 Rules reimagines economics as a practical art, giving general readers as well as political and business leaders a quick guide to the most important forces that shape a nation’s future.


The Dictator's Handbook

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A groundbreaking new theory of the real rules of politics: leaders do whatever keeps them in power, regardless of the national interest. As featured on the ...

  • L'auteur : Bruce Bueno de Mesquita,Alastair Smith
  • Editeur: PublicAffairs
  • ISBN: 1610390458
  • Genre: Political Science
  • Nombre de pages: 352
  • Langue: French/English
  • Vues: 1089
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Détails: A groundbreaking new theory of the real rules of politics: leaders do whatever keeps them in power, regardless of the national interest. As featured on the viral video Rules for Rulers, which has been viewed over 3 million times. Bruce Bueno de Mesquita and Alastair Smith's canonical book on political science turned conventional wisdom on its head. They started from a single assertion: Leaders do whatever keeps them in power. They don't care about the "national interest"-or even their subjects-unless they have to. This clever and accessible book shows that democracy is essentially just a convenient fiction. Governments do not differ in kind but only in the number of essential supporters, or backs that need scratching. The size of this group determines almost everything about politics: what leaders can get away with, and the quality of life or misery under them. The picture the authors paint is not pretty. But it just may be the truth, which is a good starting point for anyone seeking to improve human governance.


Why Nations and Economies Can Fail

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The world is currently in a relatively peaceful state with billions of people living under a comfortable roof and feels warm enough during winter nights. M ...

  • L'auteur : IntroBooks Team
  • Editeur: IntroBooks
  • ISBN:
  • Genre: Business & Economics
  • Nombre de pages: 24
  • Langue: French/English
  • Vues: 1990
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Détails: The world is currently in a relatively peaceful state with billions of people living under a comfortable roof and feels warm enough during winter nights. Many do not suffer, but it is very possible for all these things to be flipped over in a matter of days. The economy and ‘peaceful’ nations that we see today are not forever. Take Greek, for example, a nation that used to possess the highest level of civilization is now drowning in debt. The extractive economy (a system that relies on harvesting and exporting raw or low-processed materials) that various countries fall into due to lack of means to process raw materials are signs of the danger. It is a vicious cycle that was pointed out by Daron Acemoglu in his book ‘Why Nations Fail: The Origins of Power, Prosperity, and Poverty’. And this is only the tip of the iceberg that might surface anytime soon according to the book.


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