What causes inequality in the world? Why are some countries prosperous while others struggle to survive? In Why Nations Fail, economist Daron Acemoglu and political scientist James A. Robinson argue that current theories on national failure are flawed. They further explain that successful nations have political and economic institutions that are “open” while failing nations have “exclusive” institutions. Read on to learn what really causes inequality and why the top theories are flawed, according to Acemoglu and Robinson.
What Causes Inequality? Analyzing the 3 Leading Theories
