Profile Books

Why Nations Fail longlisted for business book award

13 August 2012

Why Nations Fail, Daron Acemoglu and James A. Robinson’s provocative new take on why some nations are more prosperous than others, has been longlisted for the Financial Times and Goldman Sachs Business Book of the Year Award 2012.

In Why Nations Fail, the fruit of fifteen years’ research, two of the world’s leading experts on development set out the radical theory that it is not a country’s geography, climate, or culture which influence its prosperity, but its political institutions. Taking in a vast range of historical and contemporary examples, Acemoglu and Robinson blend economics, politics, history and current affairs to provide a new, powerful and persuasive way of understanding wealth and poverty.

Acemoglu and Robinson’s book has already garnered praise from such pre-eminent philosophers of political economy as Francis Fukuyama, Robert Solow, and George Akerlof, and its inclusion in the Prize’s sixteen-strong longlist confirms the status of Why Nations Fail as one of this year’s must-read books.

The winner of the £30,000 award, which “aims to recognise the book that provides the most compelling and enjoyable insight into modern business issues”, will be announced on 1 November 2012.


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