3 Learnings from "WHY NATIONS FAIL" | Book Summary

In Why Nations Fail, the authors examine why economic inequality is so common today. They argue that politics is the main reason for unfairness rather than culture, geography, or climate.
We ❤️ Blinkist : blinkist.o6eiov.net/c/3211056...
👍 & Subscribe: / @bookrecaps.4295
0:30 Learning 1: The difference in living standards between two countries can be explained by the institutions in place in each country.
2:28 Learning 2: A single event can change the institutional path of a country, altering its trajectory.
4:09 Learning 3: Breaking the cycle of poverty can be difficult, but it isn't impossible.
#bookrecaps
--------------------------------------------------------------------------------------------------------------
daron acemoglu , why nations fail book review , james robinson , poverty , why nations fail audiobook , politics , economics , why nations fail book summary , daron acemoglu why nations fail , why nations fail review , why nations fail summary

[@yunuendanielortegaespina8945]

Great video. Very well job summarazing the main topics of this book

[@danielmeyer3795]

Centralised is inclusve, rather not. See Switzerland, exactly not centralised, a lot of power divided between, central government, provinces, and communities.