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HomeBooks, Movies and MusicBusiness & FinanceBusiness & EconomicsWealth of Nations and Why Nations fail
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Adam Smith in The Wealth of Nations laid the groundwork for understanding how markets, trade, and specialization create wealth.
Acemoglu and Robinson in Why Nations Fail expand on this by showing that markets only thrive when political and economic institutions are inclusive, preventing elites from capturing all the benefits.
In short: Smith explains how wealth is created; Acemoglu & Robinson explain why some nations are able to sustain that wealth while others fail.
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Key Features
- Why are some countries rich
- Why are some countries poor inspite of their huge resource
- Find out
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- SKU: JU704BM6WEDR9NAFAMZ
- Weight (kg): 0.5
- Color: Blue
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Wealth of Nations and Why Nations fail
₦ 40,000
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