Friday, August 10, 2012

Nassim Taleb on the book "Why Nations Fail: The Origins of Power, Prosperity, and Poverty"

From his Amazon review:
This is the best contemporary economics books I've read so far. a) There is a central point, b) The central point is clear -a version of the Golden Rule of symmetry and exploitation, c) It is convincing. Some agents try to exploit the system and others, other agents contribute and make it grow. 
Some reviewers nitpick here and there but the idea is loud and clear. After reading this book I started looking at countries & development in a different way.