Why Nations Fail: The Origins of Power, Prosperity, and Poverty

3.5 stars, This book was quite handy for anybody who has no or very little knowledge in economics and politics. At first I was kind of irked because the authors described most reason for a a nation's failure because of extractive institutions which seemed to much oversimplified but in the last chapter they kind of addressed this issue by saying that there are many reasons for a country's failure but they kept inclusive and extractive institutions theory to be their main one to keep this book more beginner friendly which is fine I guess. Some of the parts had too much historical co text with less focus on the ultimate result, those were kind of boring to read. The things I've learned from this book are
1. Political centralization and making pluralist institutions
2.poltical circumstances are the main catalyst for economic development

So after all this bantering I would like to say that I'm glad that my sis recommended it to me , not only it has some overview basic economic problems but also I've got to know some lesser known historical contexts on world poverty and power.