Acemoglu and Robinson set out to answer the question why are some nations rich and others poor? The book begins by analyzing Nogales Arizona and Nogales Mexico. In essence this is a city with a national border that divides one portion of the city from the other. The United States side of Nogales is far more prosperous and safe than the Mexican side. The authors attempt to explain why this is the case. Another example given is North and South Korea.
The authors next go through a few theories regarding why some nations succeed and others fail and explain why each of those theories is wrong. They included the geography hypothesis, the culture hypothesis, and the ignorance hypothesis.
The authors state “to understand world inequality we have to understand why some societies are organized in a very inefficient and socially undesirable ways.” They continued “poor countries are poor because those who have power make choices that create poverty. They get it wrong not by mistake or ignorance but on purpose.”
The authors outline numerous historical examples of successful and unsuccessful nations. They argue that successful nations have inclusive political and economic institutions and that poor nations have extractive political and economic institutions. One of the ways to secure inclusive institutions is to have secure property rights. They note that communism is extractive and it’s abhorrence of private property will always lead to poverty.
Innovation is necessary for wealth generation. Inclusive institutions allow for the creative destruction necessary for innovation and countries that are extractive stifle creative destruction.
This was a well researched book with numerous examples. At times it seemed repetitive. The book jumped from time period to time period and might be in Ancient Rome on one page and 18th century Europe on the next. I found their conclusion weak but overall it was a good book.
Overall I give this book 4 stars out of 5.
Great literature should do more than entertain us. It should provide a roadmap to improving our lives.
In A Tale of Two Cities, Charles Dickens introduced readers to Sydney Carton, one of literature's most compelling and deeply flawed characters. Dickens also gives him an unusual title: the Jackal.
His struggles raise questions that remain relevant today.
Are we defined by our past mistakes? Can we overcome our weaknesses? What separates the people we are from the people we could become?
Lessons From the Jackal is a 25-day character study exploring these questions through Sydney Carton’s life, decisions, relationships, and personal development.
This is not a traditional course on A Tale of Two Cities. Our reading assignments will focus specifically on Carton, with sufficient background provided to understand his story. No previous knowledge of the novel is necessary.
Each day will feature selected readings, historical comparisons, reflection questions, discussions, and practical challenges ...
Sydney Carton appears to be a man resigned to his fate.
He recognizes the deterioration of his own character and seems convinced that his circumstances will only worsen. He is “overshadowed” by a “fatal darkness,” yet when Lucie asks why he does not change, he offers little hope that such a transformation is possible.
This resignation is particularly striking when we consider what Carton has already demonstrated himself capable of accomplishing.
He helped save Charles Darnay from a possible death sentence. His intelligence and legal abilities have contributed substantially to Stryver’s successful career. Yet despite these accomplishments, Carton seems unable to imagine a promising future for himself.
He has spent considerable time in the Manette household, often remaining withdrawn from the conversations around him. He sleeps little, continues to drink heavily, and wanders the stone streets near the Manettes’ home. Perhaps, during these solitary walks, he remembers the conversation about the echoes...
In the early 1780s, London was undergoing significant improvements to its streets and public walkways.
Many major roads were paved with stone blocks, while pedestrian footways were increasingly surfaced with broad, flat slabs of limestone. Legislation passed during the 1760s encouraged improvements in paving, drainage, and street maintenance.
Despite these improvements, London’s streets remained crowded, noisy, and frequently dirty.
Horse-drawn carriages and wagons rattled across the uneven stones, while the sound of iron-rimmed wheels and horses’ hooves echoed between the buildings. Rainwater collected along the gutters, carrying mud, manure, and other waste through the city.
Sydney Carton would have encountered these conditions as he walked through London’s streets.
One location particularly associated with Carton is King’s Bench Walk in the Inner Temple, the historic legal district where barristers maintained their chambers.
Dickens specifically describes Carton walking along King’s ...
