Erik S. Reinert How Rich Countries Got Rich And Why Poor Countries Stay Poor

Name: Erik S. Reinert How Rich Countries Got Rich And Why Poor Countries Stay Poor
Brand: Erik S. Reinert
Price: 14.17 EUR
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14,17

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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. 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