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. |
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... division of labour . This was clearly understood by economists as early as the seventeenth century . Later we shall see how such an economic growth system was to function in the Dutch town of Delft . Religion was slowly loosening its ...
... division of labour and a larger manufac- turing sector . The same toolbox was employed by virtually all conti- nental European countries in the nineteenth century , including my own country Norway in the European periphery . The ...
... division of labour / maximizing the number of professions ( Serra , 1613 ) . Division of labour simultaneous . International specialization leads to increasing returns / economies of scale , producing falling costs , barriers to entry ...
Contents
Discovering Types of Economic Theories | 1 |
The Evolution of the Two Different Approaches | 21 |
How Rich Countries Got Rich | 71 |
Copyright | |
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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 |