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Home Books International Bestsellers How Rich Countries Got Rich and Why Poor Countries Stay Poor
How Trump Thinks His Tweets and the Birth of a New Political Language £12.00 £11.60
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The House of Rothschild Moneys Prophets 1798-1848 £17.50 £16.83

How Rich Countries Got Rich and Why Poor Countries Stay Poor

£16.00 £15.40

Nuria Ranking: #347 in International Bestsellers

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Brief Summary
In this refreshingly revisionist history, Erik Reinert shows how rich countries developed through a combination of government intervention, protectionism, and strategic investment, rather than through free trade. 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. Reinart shows how the history of economics has long been torn between the continental Renaissance tradition on one hand and the free market theories of English and later American economies on the other.
Our economies were founded on protectionism and state activism—look at China today—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 national affluence.
”

ISBN:9781845293260

Author:Erik S. Reinert

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SKU: 067ee197a2aa Categories: Books, International Bestsellers
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