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The Great Degeneration

How Institutions Decay and Economies Die
Title rated 3.6 out of 5 stars, based on 46 ratings
What causes rich countries to lose their way? Symptoms of decline are all around us today: slowing growth, crushing debts, increasing inequality, aging populations, antisocial behavior. But what exactly has gone wrong? The answer, Niall Ferguson argues in The Great Degeneration, is that our institutions the intricate…

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