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Why Nations Fail?



as the title says I’ve red the book “Why Nations Fail” by Darren Acemoglu and James Robinson. First of all I have to recommend this book for everyone who want’s to understand how the world works. 590 more words

Key Points from Book: Why Nations Fail

The only option for an economically viable colony was to create institutions that gave the colonists incentives to invest and to work hard

Unlike in the US where competition was fierce, there was practically ni competition among Mexican banks. 700 more words

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