BUSINESS
05/31/2012 08:25 am ET

Jamie Dimon And The Fall Of Nations

“Why Nations Fail: The Origins of Power, Prosperity, and Poverty,” by Daron Acemoglu and James Robinson, is a brilliant and sometimes breathtaking survey of country-level governance over history and around the world. Professors Acemoglu and Robinson discern a simple pattern — when elites are held in check, typically by effective legal mechanisms, everyone else in society does much better and sustained economic growth becomes possible.

Read more on The New York Times

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