Mar 31, 2012

Reviews of "Why Nations Fail"

Still wondering whether reading "Why nations fail" by Acemoglu and Robinson will be worth the time. Here are three good reviews:

Fukuyama in The American Interest: "A theory of development that can’t really explain the most remarkable growth story of our time [China] is not, it seems to me, much of a theory."

Easterly in the Wall Street Journal: ""Why Nations Fail" also offers this crucial insight: Experts cannot engineer prosperity with the right advice to rulers on policies and institutions. Rulers "get it wrong not by mistake or ignorance but on purpose.""

Paul Collier in The Guardian: "The foundations of prosperity are political struggle against privilege."

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