Why Nations Fail: Book Summary & Analysis

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Why do some nations prosper while others remain trapped in poverty and dysfunction? Why Nations Fail explores the root causes of economic success and failure, arguing that it all comes down to institutions. Using a blend of historical case studies and cutting-edge economic theory, the book demonstrates how inclusive political and economic systems create innovation and growth, while extractive systems stifle development and perpetuate inequality. This engaging and thought-provoking work challenges conventional wisdom and offers a roadmap for understanding the dynamics of power, politics, and progress.