Tag Archives: poverty

David Landes about the Wealth and Poverty of Nations

David Landes (1998) about the Wealth and Poverty of Nations Introduction Landes’ book is well-known in the world of economic history. It is much used at universities as textbook, and therefore it deserves a methodological account. Most economic historians are … Continue reading

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Why Nations Fail according to Daron Acemoglu

Acemoglu and Robinson state that inclusive political institutions are critical for a high level of wealth of a nation; geography and culture are not. We closely reading their book “Why Nations Fail” I come to the conclusion that there is no clear definition of concepts and no careful analysis of the interrelationship between a number of principal variables, which might matter. Therefore this highly praised book is very disappointing. MIT, Harvard and A-publications are not a guarantee for quality. Continue reading

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