Book Review: Why Nations Fail

OutlineBackground: Gives excellent information about author and intended audience, and scholarly credibility and importance of the book.Summary: Clearly describes the main theme, arguments, and conclusions of the book in his/her own words. Shows good understanding of main points and avoids superfluous detail.Economic Concepts, Theories, and Models: A very clear depiction of key economic concepts, theories, and models used in the book.Evidence or examples: Perceptively describes the kinds of evidence/ examples used to support the claims in the book, shows strong ability to evaluate usefulness and relevance of evidence.Critical review of the book’s arguments: Thoughtful evaluation of strengths and weaknesses of text, pointing to other evidence or questions that seem to support or weaken the argument. Shows a strong evidence of reading the book in its entirety.Concluding recommendation: Clear description of appropriate conclusions which can be drawn from the results.References: References are given for anything taken from external sources.