In Why Nations Fail, economists Daron Acemoglu and James Robinson explore the root causes of prosperity and poverty, arguing that inclusive political and economic institutions are essential for a nation's success. Drawing on historical and contemporary examples from around the world, they show how nations thrive when their systems empower citizens, foster innovation, and prevent corruption. This episode examines their theory on the role of institutions in shaping the fate of nations, offering insights into why some countries flourish while others struggle.