Book Review: ‘Why Nations Fail’

Ethical Markets Books and Reviews, Articles by Hazel Henderson

This magisterial book is a tour throughout the world and our human history, examining the persistent puzzle of why some countries successfully industrialized and others failed. MIT economist Daron Acemoglu and James A. Robinson, a political scientist and economist at Harvard, go beyond economics and its centuries of hypothesizing about economic development, trashing current theories and earlier dogmas with evidence of deeper causes for inequality.  Read more…