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Why Nations Fail

Books for Our Times: Why Nations Fail, by Daron Acemoglu and James A. Robinson

Carla Seaquist | Posted 09.22.2013 | Books
Carla Seaquist

The book is especially illuminating on the ways extractive elites extract and do their harm. For example, from an extractive point of view, technological progress is not always a good thing.

Why Nations Fail: The Sachs Attack

Michael Busch | Posted 01.28.2013 | Politics
Michael Busch

Jeffrey Sachs' argument about the book Why Nations Fail boils down to a basic claim: it is simple, misleading, and frequently wrong. Sachs is all too eager to take shots at the ideas of others, but can't tolerate challenges to his own work.

Why Do Nations Fail?

David K. Levine | Posted 01.23.2014 | Books
David K. Levine

Why Nations Fail is grand history in the style of Jared Diamond. Provocative and fun, the theme is that the reason nations fail or succeed is not economic policies, geography, culture, or value systems -- but rather political institutions.

Economics Is Broken

Chris Ladd | Posted 10.29.2012 | Business
Chris Ladd

Economics in our time is a philosophy dressed up in equations. That does not imply that economics is worthless, only that is should not be trusted to deliver precision or provable certainty.

The Downgrades: Forget the 1%. It's the 9%, Stupid!

Adam Levin | Posted 08.27.2012 | Politics
Adam Levin

The downgrades in the credit ratings of major banks mean very little to the average consumer, but the downgrade in the credibility of Congress and the mess we have made of our financial regulatory structure should give us all pause.

America's Economic Death Panel: The Republican Congress -- European Austerity Produces European Job Growth

Paul Abrams | Posted 08.01.2012 | Politics
Paul Abrams

It is not really worth arguing the point. As the stimulus wanes in the U.S., so does job growth. As austerity pinches in the U.S., job growth declines.

Romney-Ryan's Why Nations Fail Economy vs. Obama's Built to Last Economy

Paul Abrams | Posted 06.05.2012 | Politics
Paul Abrams

One cannot read Why Nations Fail during this campaign season without recognizing on every page the authors' criteria for successful nations fulfilled by President Obama's built-to-last economic policies and the failing nations' policies being consciously pursued by Romney-Ryan.