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
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... today's ruling economic theory and resur- recting alternative approaches is a necessary starting point . Chapter 1 of this book explains the existence of different types of economic theory , and the gap that is frequently found between ...
... today's economics , neither of these is regarded as a legitimate academic field . Instead , in today's trade theory , economic harmony is already built into its basic assumptions . There are plenty of good arguments for free trade , but ...
... Today's economic theory is so abstract that it is unable to take the situations of the different countries into consideration . - It has been mentioned earlier that today's market – and global- ization euphoria - is the third of its ...
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 |