Alberto Cottica on Nostr: I finished Acemoglu's "Why Nations Fail". Not impressed. Lots of circular reasoning ...
I finished Acemoglu's "Why Nations Fail". Not impressed. Lots of circular reasoning and "just so" time scales. For example, "the Roman Empire did produce economic growth but it was short-lived" (600 years of growth), whereas "the Glorious Revolution produced lasting economic growth" (it was less than 350 year ago).
Some good thoughts in there, but not worth the reading time IMHO.
#economics
Published at
2024-11-25 17:03:19Event JSON
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