This book is the first comprehensive account of how Australia attained the world's highest living standards within a few decades of European settlement, and how

Australia's economic history is the story of the transformation of an indigenous economy and a small convict settlement into a nation of nearly 23 million peopl

Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, d

"After once trying to keep its population White and predominantly British, Australia reversed course. Since 1947 it has absorbed five million immigrants from so