Why Nations Fail? Book review

Acemoglu and Robinson argue that “Countries become failed states not because of their geography or their culture, but because of the legacy of extractive institutions, which concentrate power and wealth in the hands of those controlling the state, opening the … Continue reading →

Dilemma of two citizens

A guy with a low income and maybe with no education gets angry at home with his wife. His house is not that ideally designed: a small, old-fashioned apartment that doubles his anger. He then comes out and sits in … Continue reading →