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How Rich Countries Got Rich and Why Poor Countries Stay Poor - Softcover

 
9781845298746: How Rich Countries Got Rich and Why Poor Countries Stay Poor

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How Rich Countries Got Rich buries the economic orthodoxy once and for all and shows why freetrade is not he best answer for our hopes of worldwide prosperity.

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About the Author

Erik S. Reinert, author of Globalization, Economic Development and Inequality: An Alternative Perspective (2004), is Professor of Technology, Governance and Development Strategies at Tallinn University of Technology, Estonia, and President of The Other Canon Foundation, Norway. He is one of the world's leading heterodox development economists and is based in Norway.

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Reinert, Erik S.
Published by Constable, 2008
ISBN 10: 1845298748 ISBN 13: 9781845298746
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Reinert, Erik S.
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Paperback. Condition: new. Paperback. How Rich Countries Got Rich is a narrative history of modern economic development from the Italian Renaissance to the present day.In it Erik S. Reinert shows how rich countries developed through a combination of government intervention, protectionism, and strategic investment. Reinert suggests that this set of policies in various combinations has driven successful development from Renaissance Italy to the modern Far East. Yet despite its demonstrable success, orthodox development economists have largely ignored this approach and insisted instead on the importance of free trade.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. How Rich Countries Got Rich buries the economic orthodoxy once and for all and shows why freetrade is not he best answer for our hopes of worldwide prosperity. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781845298746

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