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Why Nations Fail: The Origins of Power, Prosperity, and Poverty, by Daron Acemoğlu

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Therefore, extractive economic institutions create the platform for extractive political institutions to persist. Power is valuable in regimes with extractive political institutions, because power is unchecked and brings economic riches.
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Why Nations Fail: The Origins of Power, Prosperity, and Poverty
Why Nations Fail: The Origins of Power, Prosperity, and Poverty
by Daron Acemoğlu
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