John laPlante’s Reviews > Why Nations Fail: The Origins of Power, Prosperity, and Poverty > Status Update
John laPlante
is 25% done
This book tries to explain why some countries are wealthy and some are not. The simple explanation is institutions and whether they are inclusive or extractive. Inclusive involves lots of people and has freedom to enter into economics in politics where as extractive is exclusive and few people have opportunity. A long book that says the same thing over and over. There are obvious holes in their arguments
— Oct 30, 2025 03:49AM
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John’s Previous Updates
John laPlante
is 10% done
Interesting setup about countries that have growing economically and others that have not and how their history and institutions or lack of institutions has affected them. Their thesis rests on the idea that robust democratic institutions and rule of law lead to wide-ranging opportunity and economic growth whereas autocratic governments lead to weak institution and lots of corruption, nepotism, and lack of opportuni
— Oct 08, 2025 04:35AM
