Everything you need to understand or teach Why Nations Fail by Daron Acemoğlu.
Why Nations Fail: The Origins of Power, Prosperity and Poverty, by economists Daron Acemoglu and James Robinson, is an attempt to answer one of economics' oldest and most important questions: why are some nations rich and others poor? After setting aside a number of common theories that answer the question with theories about geography, genetics and culture, the authors argue that the best explanation of the distribution of wealth in the...