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Why "Why Nations Fail" Fails - by Maia Mindel

someunpleasant.substack.com · 2,899 words · saved by 1 readers

Or how I learned to stop worrying and hate Acemoglu

“Why Nations Fail” by Daron Acemoglu and James Robinson is one of the best-selling economic history books in recent years; it’s one of the most well-known too, and has raised the intellectual stature of its author by quite a bit. To its credit, the book is convincing and well written, and its central premise, that institutions are the fundamental cause of long-run growth, is right on the money. The book’s interesting thesis and solid prose actually got me interested in economics as a field of study when I first read it back in 2015. However, one of my most controversial opinions is that it’s…

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