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How the West Was Lost: Fifty Years of Economic Folly--And the Stark Choices Ahead

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How the West Was Lost: Fifty Years of Economic Folly--And the Stark Choices Ahead Cover

 

Synopses & Reviews

Publisher Comments:

In How the West Was Lost, the New York Times bestselling author Dambisa Moyo offers a bold account of the decline of the Wests economic supremacy. She examines how the Wests flawed financial decisions have resulted in an economic and geopolitical seesaw that is now poised to tip in favor of the emerging world, especially China.

Amid the hype of Chinas rise, however, the most important story of our generation is being pushed aside: America is not just in economic decline, but on course to become the biggest welfare state in the history of the West. The real danger is a thome, Moyo claims. While some countries - such as Germany and Sweden - have deliberately engineered and financed welfare states, the United States risks turning itself into a bloated welfare state not because of ideology or a larger vision of economic justice, but out of economic desperation and short-sighted policymaking. How the West Was Lost reveals not only the economic myopia of the West but also the radical solutions that it needs to adopt in order to assert itself as a global economic power once again.

About the Author

Dambisa Moyo is the author of Dead Aid. Born and raised in Lusaka, Zambia, Moyo completed a Ph.D. in economics at Oxford University and holds a masters from Harvard Universitys John F. Kennedy School of Government. She worked for the World Bank as a consultant, and also worked at Goldman Sachs for eight years. In 2009, Time magazine named her one of the “100 most influential people in the world.” Her writing frequently appears in publications including the Financial Times, The Economist, and The Wall Street Journal.

Product Details

ISBN:
9780374533212
Author:
Moyo, Dambisa
Publisher:
Farrar Straus Giroux
Author:
Moyo, Dambisa F.
Subject:
Economics - International
Subject:
Politics - General
Edition Description:
Trade paper
Publication Date:
20120131
Binding:
TRADE PAPER
Language:
English
Illustrations:
Notes/Bibliography/Index
Pages:
240
Dimensions:
8.25 x 5.5 in

Related Subjects


History and Social Science » Economics » General
History and Social Science » Economics » Global Economics
History and Social Science » Politics » General

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