Why Nations Fail The Origins Of Power Prosperity And Poverty

Why Nations Fail: The Origins of Power, Prosperity, and Poverty by Daron Acemoglu and James A. Robinson is a globally acclaimed book that investigates the real reasons behind the success or failure of nations. Unlike conventional explanations that focus on geography, culture, or ignorance, the authors argue that political and economic institutions are the key drivers of prosperity or poverty.

The book demonstrates through rich historical case studies—from the Roman Empire to modern-day America, and from the Industrial Revolution to contemporary Africa—how inclusive institutions foster innovation, productivity, and growth, while extractive institutions create inequality, corruption, and stagnation.

Engaging, thought-provoking, and highly accessible, Why Nations Fail challenges readers to rethink development and governance. It is a must-read for students, policymakers, economists, political scientists, and anyone seeking to understand the roots of global inequality and prosperity.