How robust is the ‘extractive versus inclusive institutions’ theory at explainin

How robust is the ‘extractive versus inclusive institutions’ theory at explainin

How robust is the ‘extractive versus inclusive institutions’ theory at explaining why certain nations succeed and why others fail? Or do you find the distinction simplistic? [Note that this is based on Acemoglu and Robinson’s quite lengthy book. You are not responsible for reading the entire book during this Week. Many reviews have been written about it, which you can consult in order to get the main ideas. My lecture notes will also cover the essential points. I do recommend that you read Chs. 3, 8, and 13 of their book. For this Discussion Post, focus on the reasoning behind the institutional characterization and the quality of the evidence offered by the authors, their proponents, and their critics.]
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