Book Review

ACEMOGLU, D. and ROBISON, J. A. (2013) Why Nations Fail: The Origins of Power, Prosperity, and Poverty. London: Profile Books Ltd

Abstract

The book Why Nations Fail: The Origin of Power, Prosperity, and Poverty is Acemoglu, Daron and Robinson James classic investigation on why some nations fail yet others become prosperous. It is indeed a master writing on the origin of power, prosperity and poverty. The well-researched book that took fifteen years to complete was published in Britain by Profile books Ltd in 2013. The book which traces the roots of prosperity and poverty around the world has 15 chapters of 528 pages. It is a direct disproving of the theories held by Jeffrey Sachs the author of “The end of Poverty the economies possibilities of our time” and Jared Diamond, the author of “Guns, Germs and Steel”.