English Preview of Why Nations Fail
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EnglishVoice Age
Young Adult (18-35)Accents
British (General)Transcript
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Why are some nations rich and others poor divided by wealth and poverty, health and sickness, food and famine is a culture. The weather or geography that determines prosperity or poverty is why nations fail. Shows none of these factors is either definitive or destiny. Drawing on 15 years of original research dare smo and James Robinson conclusively show that it are man made political and economic institutions that underlie economic success or the lack of it. Korea to take just one example is a remarkably homogenous nation. Yet the people of North Korea are amongst the poorest of earth while their brothers and sisters in South Korea are amongst the richest. The differences between the careers is due to the politics that created these two different institutional trajectories. As Mogli and Robinson marshaled extraordinary historical evidence from the Roman Empire, the Mayan city states, the Soviet *****, the United States and Africa to build a new theory of political economy with great relevance for the big questions of today. Among them, will China's economy continue to grow at such a high speed and ultimately overwhelm the West and are America's best days behind it? Are we creating a vicious cycle that enriches and empowers a small minority.