Tuesday 4 December 2018

THE CAUSES OF INEQUALITY - REVIEW OF ACEMOGLU AND ROBINSON'S "WHY NATIONS FAIL"

Renowned economists, Daron Acemoglu (of MIT) and James A Robinson (now of University of Chicago) have written a sweeping account of world history for the general audience - Why Nations Fail: The Origins of Power, Prosperity and Poverty (2012). Their main objective is to answer the questions: Why is there inequality in the world? Why are some countries rich and some poor?