It may, in fact, be a bit of a masterpiece." Ĭlive Crook wrote in Bloomberg News that the book deserves most of the "lavish praise" it received. In his review in Foreign Affairs Jeffrey Sachscriticized Acemoglu and Robinson for systematically ignoring factors such as domestic politic, geopolitics, technological discoveries, and natural resources. In his best known book, Why Nations Fail (2012), coauthored with Robinson, Acemoglu argues that political and economic institutions are the prime factor in economic success and that "development differences across countries are exclusively due to differences in political and economic institutions, and reject other theories that attribute some of the differences to culture, weather, geography or lack of knowledge about the best policies and practices." The book was written for the general audience. It was widely discussed by political analysts and commentators. Warren Bass wrote of it in the Washington Post: "bracing, garrulous, wildly ambitious and ultimately hopeful.
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