How Rich Countries Got Rich and why Poor Countries Stay PoorConstable, 2007 - 365 pages
Reinert presents a strongly revisionist history of economics and shows how the discipline has long been torn between the continental Renaissance tradition on one hand and the free market theories of English and later American economics on the other. He argues that our economies were founded on protectionism and state activism and could only later afford the luxury of free trade. When our leaders come to lecture poor countries on the right road to riches they do so in almost perfect ignorance of the real history of mass affluence. |
From inside the book
Results 1-3 of 32
... cent of American production - is found in the old whaling town of New Bedford , Massachusetts . Research and development play important roles in production , and in spite of the high wages in the area , direct labour costs represent ...
Erik S. Reinert. by 3 per cent per annum , by 5 per cent per annum , or by 7 per cent per annum . The curve representing 7 per cent cumulative growth per annum naturally had a tendency to go through the roof . But they only spoke of ...
... cent in year one , 20 per cent in year two , and 10 per cent in year three . Today , an army of well - paid economists explain to the world that the success of Ireland and Finland was just the result of ' the magic of the market ...
Contents
Discovering Types of Economic Theories | 1 |
The Evolution of the Two Different Approaches | 21 |
How Rich Countries Got Rich | 71 |
Copyright | |
8 other sections not shown
Other editions - View all
How Rich Countries Got Rich ... and Why Poor Countries Stay Poor Erik S Reinert Limited preview - 2019 |
How Rich Countries Got Rich ... and Why Poor Countries Stay Poor Erik S. Reinert No preview available - 2019 |