Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Book of the Week - "Why Nations Fail: The origins of power, prosperity, and poverty" by D. Acemoglu, J. Robinson.
