Why Nations Fail

"Why Nations Fail," authored by Nobel laureates Daron Acemoglu and James Robinson, explores the key role that political and economic institutions play in determining a country's prosperity or poverty. Drawing on fifteen years of research and historical evidence from around the world, the book examines how institutional development shapes economic outcomes and addresses big questions about global growth, inequality, and the future of nations. This ambitious work challenges common assumptions and offers a comprehensive theory of political economy with broad relevance.