book_summary.txt

Daron Acemoglu and Jim Robinson’s Why Nations Fail is published by Allen & Unwin .
The authors show that countries escape poverty only when they have appropriate economic institutions, especially private property and competition .
They argue that countries are more likely to develop the right institutions with an open pluralistic political system with competition for political office, a widespread electorate, and openness to new political leaders .
Francis Fukuyama, author of The End of History and the Last Man and The Origins of Political Order, calls it a “brilliant and uplifting book—yet also a deeply disturbing wake-up call’
Ian Morris, Stanford University, calls the book “a delightfully readable romp through four hundred years of history .
Two of the giants of contemporary social science bring us an inspiring and important message: it is freedom .
Writer: Egypt, Tunisia, Bahrain, Libya, Syria, Yemen have been shaken by the “Arab Spring’                They say the roots of discontent in these countries lie in poverty .
But they say they recognize that they can get back from power from the elite, recognize that these problems can get better .
Is poverty immutable, or can it be eradicated?
The writers: Egyptians and Tunisians both saw their economic problems as being fundamentally caused by their lack of political rights .
Their book is about the huge differences in incomes and living standards of the rich, such as the U.S., and how this could have been different .
Acemoglu, Robinson and Robinson: Theory of poverty: Theories of wealth and power .
Wealthiness .
Authoritative analysis of economic and political institutions through the study of the 20th century .
Included in the first edition of the book, published by Crown Publishers, an imprint of the Crown Publishing Group, a division of Random House, Inc., New York, .
Crownpublishing .
All rights reserved .