josh valentin’s Reviews > Why Nations Fail: The Origins of Power, Prosperity, and Poverty > Status Update

♥︎ day 4/15 of me reading a chapter of why nations fail everyday until it's done :-)

This chapter talks about country-specific critical junctures that affect the formation of institutions… and I can’t help but think of People Power and the subsequent writing of the 1987 Constitution as ours.

♥︎ day 3/15 of me reading a chapter of why nations fail everyday until it's done :-) WE ARE SO BACK

Anyways a great introduction to a framework of inclusive and extractive institutions when it comes to politics and economics, as well as how they are intertwined. Less riveting compared to the previous chapters, because this was a nerd out. But wow the analysis holds up, especially here in the PH.

♥︎ day 3/15 of me reading a chapter of why nations fail everyday until it's done :-)

took a knack off chapter 3 and couldn’t read bc i had quite the day but i liked the north and south korea part so far because it showed the relevance of property rights in econ development. also the gasp i had… is this book neoliberalism propaganda…

♥︎ day 2/15 of me reading a chapter of why nations fail everyday until it's done :-)

the philippines is the best example for the THEORIES THAT DONT WORK chapter. the philippines is not poor because we are near the equator, which made us lazy, that the spaniards taught us shit values, and that made us and our leaders incomeptent. we are poor because our leaders are purposefully running the show wrong.

♥︎ day 1/15 of me reading a chapter of why nations fail everyday until it’s done :-)

firm believer (as an institutionalist) of how political institutions affect economic development and im glad for the unpacking as to how this system was built in the americas

a book about current systemic failure with praise from THE ECONOMIST, THE NEW YORK TIMES and a finalist of the GOLDMAN SACHS BUSINESS BOOK OF THE YEAR AWARD? i literally cannot wait to see what this book is about.