The book "Why Nations Fail" by Daron Acemoglu and James A.

Robinson is a groundbreaking exploration of the factors that determine economic success and failure across different civilizations throughout history.

Through a unique theory based on universal principles, the authors reveal how social structures created by humans are the key to unlocking prosperity and poverty in nations.

They argue that countries can only escape poverty when they have adequate institutions, such as property rights, free competition, and political pluralism, which allow for innovation and progress.

This book provides a comprehensive analysis of how changes in institutions can lead to more inclusive and prosperous societies, while also highlighting the dangers of repressive and extractive institutions that can cause stagnation and decline.

Don't miss out on this essential read for anyone interested in understanding why some nations succeed while others fail.