There is no secret that some countries are more prosperous and developed than others. Why are some countries poor and there is nothing we can do about it? Is the answer culture, weather, economics, geography, bad policies, or simple bad luck? This is probably the most important question facing the world today, especially for the over three billion people that live in less than $2.50 a day. Economists, political philosophers and political figures have been trying to come up with a solution to fix this problem for hundred of years. The book “Why Nations Fail: The Origins of Power, Prosperity and Poverty” by economists Daron Acemoglu and James Robinson state that while economic institutions are vital to prosperity, it is man-made political institutions that determine if a country is prosperous or poor.1 This is concluded because any economic institution is implemented by the political class that work within the framework of a pre set legal tradition and political system, generally contained in a country’s Constitution and other society foundation documents such as the Declaration of Independence. Therefore, the framework that leads to prosperity (or lack of it) is as follows; the people enact a Constitution based on a core set of founding principles, that sets forth a society’s goals, the political class then implements economic institutions that in turn determine how prosperous a country is. But why do similar theoretical political institutions and legal traditions work so differently in practice? The answer lies in the philosophical foundations of societies.…