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BY THE NOBEL PRIZE-WINNING ECONOMISTS DARON ACEMOGLU & JAMES A. ROBINSON Shortlisted for the Financial Times Business Book of the Year Award Why are some nations more prosperous than others? Why Nations Fail sets out to answer this question, with a compel
"Why is it so difficult to develop and sustain liberal democracy? The best recent work on this subject comes from a remarkable pair of scholars, Daron Acemoglu and James A. Robinson. In their latest book, The Narrow Corridor , they have answered this
This book develops a framework for analyzing the creation and consolidation of democracy. Different social groups prefer different political institutions because of the way they allocate political power and resources. Thus democracy is preferred by the ma