Read

Explaining the Power of Institutions

"Why Nations Fail: The Origins of Power, Prosperity, and Poverty" by Daron Acemoglu and James Robinson is the best book on economics...

"Why Nations Fail: The Origins of Power, Prosperity, and Poverty" by Daron Acemoglu and James Robinson is the best book on economics published in years. A quality interview (as usual) with Acemoglu by Russ Roberts is also highly recommended.