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Book Summary of Mark Koyama   Jared Rubin s How the World Became Rich

Download or read book Summary of Mark Koyama Jared Rubin s How the World Became Rich written by Everest Media, and published by Everest Media LLC. This book was released on 2022-07-23T22:59:00Z with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Please note: This is a companion version & not the original book. Sample Book Insights: #1 The world is rich. The world is richer than it has ever been, and it continues to grow richer with each passing day. Extreme poverty is in rapid decline, and will be completely eradicated within our lifetime. #2 The world has grown wealthier over the last century, and more and more of it has been able to move past the edge of subsistence. This is not just because there is less absolute poverty, but because more people are able to afford the basics of life. #3 The last two centuries have seen more economic growth than the rest of human history combined. Economic growth refers to a sustained increase in economic prosperity as measured by the total goods and services produced in the economy. #4 The world economy has grown over time, and this has alleviated a vast majority of poverty worldwide. However, there were periods of economic improvement that were due to political pacification, such as the Pax Islamica over large parts of the Middle East, North Africa, and Iberian Peninsula in the centuries following the spread of Islam.

Book How the World Became Rich

Download or read book How the World Became Rich written by Mark Koyama and published by John Wiley & Sons. This book was released on 2022-03-14 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most humans are significantly richer than their ancestors. Humanity gained nearly all of its wealth in the last two centuries. How did this come to pass? How did the world become rich? Mark Koyama and Jared Rubin dive into the many theories of why modern economic growth happened when and where it did. They discuss recently advanced theories rooted in geography, politics, culture, demography, and colonialism. Pieces of each of these theories help explain key events on the path to modern riches. Why did the Industrial Revolution begin in 18th-century Britain? Why did some European countries, the US, and Japan catch up in the 19th century? Why did it take until the late 20th and 21st centuries for other countries? Why have some still not caught up? Koyama and Rubin show that the past can provide a guide for how countries can escape poverty. There are certain prerequisites that all successful economies seem to have. But there is also no panacea. A society’s past and its institutions and culture play a key role in shaping how it may – or may not – develop.

Book Rulers  Religion  and Riches

Download or read book Rulers Religion and Riches written by Jared Rubin and published by Cambridge University Press. This book was released on 2017-02-16 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book seeks to explain the political and religious factors leading to the economic reversal of fortunes between Europe and the Middle East.

Book Persecution   Toleration

Download or read book Persecution Toleration written by Noel D. Johnson and published by Cambridge University Press. This book was released on 2019-02-14 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Noel D. Johnson and Mark Koyama tackle the question: how does religious liberty develop?

Book A History of Interest Rates

Download or read book A History of Interest Rates written by Sidney Homer and published by New Brunswick, N.J. : Rutgers University Press. This book was released on 1977 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A History of Interest Rates, Fourth Edition presents a readable account of interest rate trends and lending practices spanning over four millennia of economic history. Filled with in-depth insights and illustrative charts and tables, this unique resource provides a broad perspective on interest rate movements - from which financial professionals can evaluate contemporary interest rate and monetary developments - and applies analytical tools, such as yield-curve averaging and decennial averaging, to the data available." "A History of Interest Rates, Fourth Edition offers a highly detailed analysis of money markets and borrowing practices in major economies. It places the rates and corresponding credit forms in context by summarizing the political and economic events and financial customs of particular times and places." "To help you stay as current as possible, this revised and updated Fourth Edition contains a new chapter of contemporary material as well as added discussions of interest rate developments over the past ten years."--BOOK JACKET.

Book The Long Divergence

Download or read book The Long Divergence written by Timur Kuran and published by Princeton University Press. This book was released on 2012-11-11 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: How religious barriers stalled capitalism in the Middle East In the year 1000, the economy of the Middle East was at least as advanced as that of Europe. But by 1800, the region had fallen dramatically behind—in living standards, technology, and economic institutions. In short, the Middle East had failed to modernize economically as the West surged ahead. What caused this long divergence? And why does the Middle East remain drastically underdeveloped compared to the West? In The Long Divergence, one of the world's leading experts on Islamic economic institutions and the economy of the Middle East provides a new answer to these long-debated questions. Timur Kuran argues that what slowed the economic development of the Middle East was not colonialism or geography, still less Muslim attitudes or some incompatibility between Islam and capitalism. Rather, starting around the tenth century, Islamic legal institutions, which had benefitted the Middle Eastern economy in the early centuries of Islam, began to act as a drag on development by slowing or blocking the emergence of central features of modern economic life—including private capital accumulation, corporations, large-scale production, and impersonal exchange. By the nineteenth century, modern economic institutions began to be transplanted to the Middle East, but its economy has not caught up. And there is no quick fix today. Low trust, rampant corruption, and weak civil societies—all characteristic of the region's economies today and all legacies of its economic history—will take generations to overcome. The Long Divergence opens up a frank and honest debate on a crucial issue that even some of the most ardent secularists in the Muslim world have hesitated to discuss.

Book On Shifting Foundations

    Book Details:
  • Author : Kean Fan Lim
  • Publisher : John Wiley & Sons
  • Release : 2019-03-11
  • ISBN : 1119344565
  • Pages : 250 pages

Download or read book On Shifting Foundations written by Kean Fan Lim and published by John Wiley & Sons. This book was released on 2019-03-11 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces readers to the current social and economic state of China since its restructuring in 1949. Provides insights into the targeted institutional change that is occurring simultaneously across the entire country Presents context-rich accounts of how and why these changes connect to (if not contradict) regulatory logics established during the Mao-era A new analytical framework that explicitly considers the relationship between state rescaling, policy experimentation, and path dependency Prompts readers to think about how experimental initiatives reflect and contribute to the ‘national strategy’ of Chinese development An excellent extension of ongoing theoretical work examining the entwinement of subnational regulatory reconfiguration, place-specific policy experimentation, and the reproduction of national economic advantage

Book The Handbook of Historical Economics

Download or read book The Handbook of Historical Economics written by Alberto Bisin and published by Academic Press. This book was released on 2021-04-21 with total page 1002 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of Historical Economics guides students and researchers through a quantitative economic history that uses fully up-to-date econometric methods. The book's coverage of statistics applied to the social sciences makes it invaluable to a broad readership. As new sources and applications of data in every economic field are enabling economists to ask and answer new fundamental questions, this book presents an up-to-date reference on the topics at hand. Provides an historical outline of the two cliometric revolutions, highlighting the similarities and the differences between the two Surveys the issues and principal results of the "second cliometric revolution" Explores innovations in formulating hypotheses and statistical testing, relating them to wider trends in data-driven, empirical economics

Book Leave Me Alone and I ll Make You Rich

Download or read book Leave Me Alone and I ll Make You Rich written by Deirdre Nansen McCloskey and published by University of Chicago Press. This book was released on 2020-10-30 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: A “thought-provoking” one-volume distillation of the author’s powerful trilogy in praise of the middle class’s role in creating a better, and richer, world (Library Journal). The economist and historian Deirdre Nansen McCloskey has been best known recently for her Bourgeois Era trilogy, a vigorous defense, unrivaled in scope, of commercially tested betterment. Its massive volumes, The Bourgeois Virtues, Bourgeois Dignity, and Bourgeois Equality, solve Adam Smith’s puzzle of the nature and causes of the wealth of nations, and of the moral sentiments of modernity. The world got rich, she argues, not chiefly by material causes but by an idea and a sentiment, a new admiration for the middle class and its egalitarian liberalism. For readers looking for a distillation of McCloskey’s magisterial work, Leave Me Alone and I’ll Make You Rich is what you’ve been waiting for. In this lively volume, McCloskey and the economist and journalist Art Carden bring together the trilogy’s key ideas and its most provocative arguments. The rise of the west, and now the rest, is the story of the rise of ordinary people to a dignity and liberty inspiring them to have a go. The outcome was an explosion of innovation after 1800, and a rise of real income by an astounding 3,000 percent. The Great Enrichment, well beyond the conventional Industrial Revolution, did not, McCloskey and Carden show, come from the usual suspects, capital accumulation or class struggle. It came from the idea of economic liberty in Holland and the Anglosphere, then Sweden and Japan, then Italy and Israel and China and India, an idea that bids fair in the next few generations to raise up the wretched of the earth. The original shift to liberalism arose from 1517 to 1789 from theological and political revolutions in northwest Europe, upending ancient hierarchies. McCloskey and Carden contend further that liberalism and “innovism” made us better humans as well as richer ones. Not matter but ideas. Not corruption but improvement. Leave Me Alone and I’ll Make You Rich draws in entertaining fashion on history, economics, literature, philosophy, and popular culture, from growth theory to the Simpsons. It is the perfect introduction for a broad audience to McCloskey’s influential explanation of how we got rich. At a time when confidence in the economic system is under challenge, this book mounts an optimistic and persuasive defense of liberal innovism, and of the modern world it has wrought. Praise for the Bourgeois Era Trilogy “A contender for the great book of our age.” —The Times, Book of the Week “Persuasive . . . richly detailed and erudite.” —Financial Times

Book The Journey of Humanity

Download or read book The Journey of Humanity written by Oded Galor and published by Penguin. This book was released on 2022-03-22 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: A landmark, radically uplifting account of our species’ progress, from one of the world's preeminent thinkers. “Unparalleled in its scope and ambition…All readers will learn something, and many will find the book fascinating.’—The Washington Post “Breathtaking. A new Sapiens!” —L'Express “Completely brilliant and utterly original ... a book for our epoch.”—Jon Snow, former presenter, Channel 4 News (UK) “A wildly ambitious attempt to do for economics what Newton, Darwin or Einstein did for their fields: develop a theory that explains almost everything.” —The New Statesman “An inspiring, readable, jargon-free and almost impossibly erudite masterwork.” —The New Statesman “[A] sweeping overview of cultural, technological and educational forces... Its breadth and ambition are reminiscent of Diamond’s Guns, Germs, and Steel and Harari’s Sapiens.”—Financial Times “Astounding in scope and insight...provides the keys to the betterment of our species.”—Nouriel Roubini, author of Crisis Economics “A masterful sweep through the human odyssey.... If you liked Sapiens, you'll love this.” —Lewis Dartnell, author of Origins “Oded Galor's attempt to unify economic theory is impressive and insightful.” —Will Hutton, The Guardian “A great historical fresco.” —Le Monde “It's a page-turner, a suspense-filled thriller full of surprises, mind-bending puzzles and profound insights!”—Glenn C. Loury, author of The Anatomy of Racial Inequality “Brilliantly weaves the threads of global economic history. A tour de force!”—Dani Rodrik, author of Straight Talk on Trade In a captivating journey from the dawn of human existence to the present, world-renowned economist and thinker Oded Galor offers an intriguing solution to two of humanity’s great mysteries. Why are humans the only species to have escaped—only very recently—the subsistence trap, allowing us to enjoy a standard of living that vastly exceeds all others? And why have we progressed so unequally around the world, resulting in the great disparities between nations that exist today? Galor’s gripping narrative explains how technology, population size, and adaptation led to a stunning “phase change” in the human story a mere two hundred years ago. But by tracing that same journey back in time and peeling away the layers of influence—colonialism, political institutions, societal structure, culture—he arrives also at an explanation of inequality’s ultimate causes: those ancestral populations that enjoyed fruitful geographical characteristics and rich diversity were set on the path to prosperity, while those that lacked it were disadvantaged in ways still echo today. As we face ecological crisis across the globe, The Journey of Humanity is a book of urgent truths and enduring relevance, with lessons that are both hopeful and profound: gender equality, investment in education, and balancing diversity with social cohesion are the keys not only to our species’ thriving but to its survival.

Book State Capacity and Economic Development

Download or read book State Capacity and Economic Development written by Mark Dincecco and published by Cambridge University Press. This book was released on 2017-10-26 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: State capacity - the government's ability to accomplish its intended policy goals - plays an important role in market-oriented economic development today. Yet state capacity improvements are often difficult to achieve. This Element analyzes the historical origins of state capacity. It evaluates long-run state development in Western Europe - the birthplace of both the modern state and modern economic growth - with a focus on three key inflection points: the rise of the city-state, the nation-state, and the welfare state. This Element develops a conceptual framework regarding the basic political conditions that enable the state to take effective policy actions. This framework highlights the government's challenge to exert proper authority over both its citizenry and itself. It concludes by analyzing the European state development process relative to other world regions. This analysis characterizes the basic historical features that helped make Western Europe different. By taking a long-run approach, it provides a new perspective on the deep-rooted relationship between state capacity and economic development.

Book Global History with Chinese Characteristics

Download or read book Global History with Chinese Characteristics written by Manuel Perez-Garcia and published by Springer Nature. This book was released on 2020-11-02 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book considers a pivotal era in Chinese history from a global perspective. This book’s insight into Chinese and international history offers timely and challenging perspectives on initiatives like “Chinese characteristics”, “The New Silk Road” and “One Belt, One Road” in broad historical context. Global History with Chinese Characteristics analyses the feeble state capacity of Qing China questioning the so-called “High Qing” (shèng qīng 盛清) era’s economic prosperity as the political system was set into a “power paradox” or “supremacy dilemma”. This is a new thesis introduced by the author demonstrating that interventionist states entail weak governance. Macao and Marseille as a new case study aims to compare Mediterranean and South China markets to provide new insights into both modern eras’ rising trade networks, non-official institutions and interventionist impulses of autocratic states such as China’s Qing and Spain’s Bourbon empires.

Book An Extraordinary Time

Download or read book An Extraordinary Time written by Marc Levinson and published by Basic Books. This book was released on 2016-11-08 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: The decades after World War II were a golden age across much of the world. It was a time of economic miracles, an era when steady jobs were easy to find and families could see their living standards improving year after year. And then, around 1973, the good times vanished. The world economy slumped badly, then settled into the slow, erratic growth that had been the norm before the war. The result was an era of anxiety, uncertainty, and political extremism that we are still grappling with today. In An Extraordinary Time, acclaimed economic historian Marc Levinson describes how the end of the postwar boom reverberated throughout the global economy, bringing energy shortages, financial crises, soaring unemployment, and a gnawing sense of insecurity. Politicians, suddenly unable to deliver the prosperity of years past, railed haplessly against currency speculators, oil sheikhs, and other forces they could not control. From Sweden to Southern California, citizens grew suspicious of their newly ineffective governments and rebelled against the high taxes needed to support social welfare programs enacted when coffers were flush. Almost everywhere, the pendulum swung to the right, bringing politicians like Margaret Thatcher and Ronald Reagan to power. But their promise that deregulation, privatization, lower tax rates, and smaller government would restore economic security and robust growth proved unfounded. Although the guiding hand of the state could no longer deliver the steady economic performance the public had come to expect, free-market policies were equally unable to do so. The golden age would not come back again. A sweeping reappraisal of the last sixty years of world history, An Extraordinary Time forces us to come to terms with how little control we actually have over the economy.

Book Advances in the Economics of Religion

Download or read book Advances in the Economics of Religion written by Jean-Paul Carvalho and published by Springer. This book was released on 2019-06-29 with total page 485 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited collection brings together expertise from around the globe to overview and debate key concepts and concerns in the economics of religion. While the economics of religion is a relatively new field of research in economics, economists have made and continue to make important contributions to the understanding of religion. There is much scope for economists to continue to make a significant contribution to debates about religion, including its implications for conflict, political economy, public goods, demography, education, finance, trade and economic growth.

Book Land  the State  and War

Download or read book Land the State and War written by Jennifer Brick Murtazashvili and published by Cambridge University Press. This book was released on 2021-09-09 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although today's richest countries tend to have long histories of secure private property rights, legal-titling projects do little to improve the economic and political well-being of those in the developing world. This book employs a historical narrative based on secondary literature, fieldwork across thirty villages, and a nationally representative survey to explore how private property institutions develop, how they are maintained, and their relationship to the state and state-building within the context of Afghanistan. In this predominantly rural society, citizens cannot rely on the state to enforce their claims to ownership. Instead, they rely on community-based land registration, which has a long and stable history and is often more effective at protecting private property rights than state registration. In addition to contributing significantly to the literature on Afghanistan, this book makes a valuable contribution to the literature on property rights and state governance from the new institutional economics perspective.

Book Economics of Religion

Download or read book Economics of Religion written by Lionel Obadia and published by Emerald Group Publishing. This book was released on 2011-10-25 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the fresh paradigms of 'religious economics' and 'economies of religion' under the scope of transdisciplinary and international perspectives. This title examines and appraises some of the theoretical developments and methodological innovations in religious and social sciences.

Book West African Church History

Download or read book West African Church History written by J Kofi Agbeti and published by Brill Archive. This book was released on 1986 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: