Why Some Countries Are Poor and Others Rich

2016-02-20 1

The reason why some countries are rich and others poor depends on many things, including the quality of their institutions, the culture they have, the natural resources they find and what latitude they're on. We have, unusually, had to disable comments because of the number of people writing to tell us that we have forgotten about colonialism. We are very aware of colonialism but didn't, on this occasion, give this factor a central role.