Why Nations Fail - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Why Nations Fail write by Daron Acemoglu. This book was released on 2013-09-17. Why Nations Fail available in PDF, EPUB and Kindle. Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: 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? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.
Prosperity for All Nations
Prosperity for All Nations - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Prosperity for All Nations write by Raza Hasan. This book was released on 2020-01-02. Prosperity for All Nations available in PDF, EPUB and Kindle. The purpose of this book is to instill in you the belief in the goodness of all humankind and to implement a system that enables us to live free, prosperous, and peaceful lives. Freedom means living in a society of fairness, where we have equal access to opportunities and checks that prevent us from harming others. Just imagine a world where every individual is only allowed to do good, and no one is above the law.The objective of democracy extends well beyond the selection of leaders. A society can thrive only when it has a system of checks and balances to ensure fairness. The best option we currently have is a democracy that limits the powers of leaders and their terms in office. It also distributes governmental power across many segments of the society, again with the ultimate goal of limiting any one person's ability to cause harm to others.This book uncovers the myths about what leads to prosperity. It shows that it is not education, it is not the language, it is not culture, religion, race, natural resources, nor geography that leads to prosperity. Most of the world's problems occur because corrupt leaders have the power to steal without being punished.Prosperity requires checks and balances in a system of government so that the natural instincts of human beings to assist each other are not thwarted by the corrupt acts of a limited number of people in positions of power.
The Prosperity Paradox
The Prosperity Paradox - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Prosperity Paradox write by Clayton M. Christensen. This book was released on 2019-01-15. The Prosperity Paradox available in PDF, EPUB and Kindle. Clayton M. Christensen, the author of such business classics as The Innovator’s Dilemma and the New York Times bestseller How Will You Measure Your Life, and co-authors Efosa Ojomo and Karen Dillon reveal why so many investments in economic development fail to generate sustainable prosperity, and offers a groundbreaking solution for true and lasting change. Global poverty is one of the world’s most vexing problems. For decades, we’ve assumed smart, well-intentioned people will eventually be able to change the economic trajectory of poor countries. From education to healthcare, infrastructure to eradicating corruption, too many solutions rely on trial and error. Essentially, the plan is often to identify areas that need help, flood them with resources, and hope to see change over time. But hope is not an effective strategy. Clayton M. Christensen and his co-authors reveal a paradox at the heart of our approach to solving poverty. While noble, our current solutions are not producing consistent results, and in some cases, have exacerbated the problem. At least twenty countries that have received billions of dollars’ worth of aid are poorer now. Applying the rigorous and theory-driven analysis he is known for, Christensen suggests a better way. The right kind of innovation not only builds companies—but also builds countries. The Prosperity Paradox identifies the limits of common economic development models, which tend to be top-down efforts, and offers a new framework for economic growth based on entrepreneurship and market-creating innovation. Christensen, Ojomo, and Dillon use successful examples from America’s own economic development, including Ford, Eastman Kodak, and Singer Sewing Machines, and shows how similar models have worked in other regions such as Japan, South Korea, Nigeria, Rwanda, India, Argentina, and Mexico. The ideas in this book will help companies desperate for real, long-term growth see actual, sustainable progress where they’ve failed before. But The Prosperity Paradox is more than a business book; it is a call to action for anyone who wants a fresh take for making the world a better and more prosperous place.
Culture and Prosperity
Culture and Prosperity - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Culture and Prosperity write by John Kay. This book was released on 2004-05-25. Culture and Prosperity available in PDF, EPUB and Kindle. Britain's leading economic columnist explores the nature of market economies, what makes them dynamic--and what limits their power.
The Betrayal of American Prosperity
The Betrayal of American Prosperity - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Betrayal of American Prosperity write by Clyde Prestowitz. This book was released on 2010-05-11. The Betrayal of American Prosperity available in PDF, EPUB and Kindle. CONSIDER THIS SHOCKING FACT: while China’s number one export to the United States is $46 billion of computer equipment, the number one export from the U.S. to China is waste—$7.6 billion of waste paper and scrap metal. Bestselling author Clyde Prestowitz reveals the astonishing extent of the erosion of the fundamental pillars of American economic might—beginning well before the 2008 financial crisis—and the great challenge we face for the future in competing with the economic juggernaut of China and the other fast-rising economies. As the arresting facts he introduces show, the U.S. is rapidly losing the basis of its wealth and power, as well as its freedom of action and independence. If we do not make dramatic changes quickly, we will confront a painful permanent slide in our standard of living; the dollar will no longer be the world’s currency; our military strength will be whittled away; and we will be increasingly subject to the will of China, Russia, Saudi Arabia, and various malcontents. But it doesn’t have to be that way. As Prestowitz shows in a masterful account of how we’ve come to this fateful juncture, we have inflicted our economic decline on ourselves—we abandoned the extraordinary approach to growth that drove the country’s remarkable rise to superpower status from the early days of the republic up through World War II. For most of our history, we supported our home industries, protected our market against unfair trade, made the world’s finest products—leading the way in technological innovation—and we were strong savers. But in the post-WWII era, we reversed course as our leadership embraced a set of simplistically attractive but disastrously false ideas—that consumption rather than production should drive our economy; that free trade is always a win-win; that all globalization is good; that the market is always right and government regulation or intervention in the economy always causes more harm than good; and that it didn’t matter that our factories were fleeing overseas because we were moving to the "higher ground" of services. In a devastating account, Prestowitz shows just how flawed this orthodoxy is and how it has gutted the American economy. The 2008 financial crisis was only its most blatant and recent consequence. It is time to abandon these false doctrines and to get back to the American way of growth that brought us to world leadership; Prestowitz presents a deeply researched and powerful set of highly practical steps that we can begin implementing immediately to reverse course and restore our economic leadership and excellence. The Betrayal of American Prosperity is vital reading for all Americans concerned about the future of the economy and of our power in the coming era.
