Status Updates From De ce esueaza natiunile. Or...

Chapter 3: North/South Korea provides another stark contrast of institutional effects on wealth. Private property and a market that is fair and accessible are keys to creating incentives and creating prosperity. Inclusive vs extractive economies are explained.

Inequality theory is rather obvious in the sense that decision makers do make their choices on purpose under mostly political incentives, and def not in the lack of proper guidance. Wealth, or lack of it, is heavily tied to what goes into the decisions that are being made, politically and economically.