BOOK · [2163]
Why Nations Fail
Daron Acemoglu, James A. Robinson
Business
Acemoglu and Robinson argue nations succeed when they build inclusive institutions and fail when extractive elites capture them. Won the authors the 2024 Nobel in Economics.
Endorsed By
1 PERSON-
Mark Zuckerberg
Eighteenth A Year of Books pick, announced September 16, 2015. Authors won the 2024 Nobel in Economics.
Criticized By
1 PERSON-
Bill Gates
In his Gates Notes review 'Good ideas, but missing analysis,' Gates calls the book a major disappointment, arguing its inclusive-versus-extractive-institutions thesis is vague and simplistic and never explains how a country actually builds more inclusive institutions.