9781586486686

How Rich Countries Got Rich . . . and Why Poor Countries Stay Poor

Reinert, Erik

ISBN 10: 1586486683 / 1-58648-668-3
ISBN 13: 9781586486686
Publisher: PublicAffairs
Publication Date: 2008
Binding: Softcover
Editorial Reviews for this title:
Synopsis:
In this refreshingly revisionist history, Erik S. Reinert shows how rich countries developed through a combination of government intervention, protectionism, and strategic investment—rather than through free trade. Yet when our leaders lecture poor countries on the right path to riches they do so in almost perfect ignorance of the fact that our economies were founded on protectionism long before they could afford the luxury of free trade. How Rich Countries Got Rich… will challenge economic orthodoxy and open up the debate on why self-regulating markets are not the best answer to our hopes of worldwide prosperity.

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