Summary Of Mark Koyama Jared Rubin S How The World Became Rich

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How the World Became Rich

Mark Koyama,Jared Rubin
How the World Became Rich Book PDF

Author : Mark Koyama,Jared Rubin
Publisher : John Wiley & Sons
Page : 272 pages
File Size : 44,8 Mb
Release : 2022-03-14
Category : Business & Economics
ISBN : 9781509540242

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How the World Became Rich by Mark Koyama,Jared Rubin Pdf

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.

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

Everest Media,
Summary of Mark Koyama Jared Rubin s How the World Became Rich Book PDF

Author : Everest Media,
Publisher : Everest Media LLC
Page : 43 pages
File Size : 49,7 Mb
Release : 2022-07-23T22:59:00Z
Category : Business & Economics
ISBN : 9798822547209

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Summary of Mark Koyama & Jared Rubin's How the World Became Rich by Everest Media, Pdf

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.

How the World Became Rich

Mark Koyama,Jared Rubin
How the World Became Rich Book PDF

Author : Mark Koyama,Jared Rubin
Publisher : Polity
Page : 240 pages
File Size : 40,9 Mb
Release : 2022-05-09
Category : Business & Economics
ISBN : 1509540237

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How the World Became Rich by Mark Koyama,Jared Rubin Pdf

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 USA, Canada, 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.

Rulers, Religion, and Riches

Jared Rubin
Rulers Religion and Riches Book PDF

Author : Jared Rubin
Publisher : Cambridge University Press
Page : 297 pages
File Size : 54,9 Mb
Release : 2017-02-16
Category : Business & Economics
ISBN : 9781107036819

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Rulers, Religion, and Riches by Jared Rubin Pdf

This book seeks to explain the political and religious factors leading to the economic reversal of fortunes between Europe and the Middle East.

Persecution & Toleration

Noel D. Johnson,Mark Koyama
Persecution Toleration Book PDF

Author : Noel D. Johnson,Mark Koyama
Publisher : Cambridge University Press
Page : 369 pages
File Size : 41,5 Mb
Release : 2019-02-14
Category : Business & Economics
ISBN : 9781108425025

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Persecution & Toleration by Noel D. Johnson,Mark Koyama Pdf

In this book, Noel D. Johnson and Mark Koyama tackle the question: how does religious liberty develop?

Twilight of the Money Gods

John Rapley
Twilight of the Money Gods Book PDF

Author : John Rapley
Publisher : Simon and Schuster
Page : 567 pages
File Size : 48,9 Mb
Release : 2017-07-13
Category : Social Science
ISBN : 9781471152771

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Twilight of the Money Gods by John Rapley Pdf

Imagine one day you went to a cash-machine and found your money was gone. You rushed to your branch, where a teller said that overnight people had stopped believing in money, and it all vanished. Seem incredible? It happened, and it could happen again. Twilight of the Money Gods is the story of economics, told not as the science it strove to be, but as the religion it became. Over two centuries, it searched for the hidden codes which would reveal the path to a promised land of material abundance. While its prophets, from Adam Smith to John Maynard Keynes and Milton Friedman, concerned themselves with the human condition, its priesthood gradually grew remote from its followers, until it lost sight of their tribulations. Today, amid a crisis of faith in their expertise, we must re-imagine an economics for a new era - one filled with both danger and opportunity.

Managing the Wealth of Nations

Philipp Robinson Rössner
Managing the Wealth of Nations Book PDF

Author : Philipp Robinson Rössner
Publisher : Policy Press
Page : 301 pages
File Size : 44,9 Mb
Release : 2023-03-27
Category : Business & Economics
ISBN : 9781529211238

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Managing the Wealth of Nations by Philipp Robinson Rössner Pdf

‘Commerce and manufactures gradually introduced order and good government,’ wrote Adam Smith in his Wealth of Nations, ‘and with them, the liberty and security of individuals.’ However, Philipp Robinson Rössner shows how, when looked at in the face of history, it has usually been the other way around. This book follows the development of capitalism from the Middle Ages through the industrial revolution to the modern day, casting new light on the areas where premodern political economies of growth and development made a difference. It shows how order and governance provided the foundation for prosperity, growth and the wealth of nations. Written for scholars and students of economic history, this is a pioneering new study that debunks the neoliberal origin myth of how capitalism came into the world.

A History of Interest Rates

Sidney Homer
A History of Interest Rates Book PDF

Author : Sidney Homer
Publisher : New Brunswick, N.J. : Rutgers University Press
Page : 640 pages
File Size : 40,6 Mb
Release : 1977
Category : Credit
ISBN : 0813508401

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A History of Interest Rates by Sidney Homer Pdf

"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.

The New Scramble for Africa

Pádraig Carmody
The New Scramble for Africa Book PDF

Author : Pádraig Carmody
Publisher : John Wiley & Sons
Page : 246 pages
File Size : 51,6 Mb
Release : 2013-04-26
Category : Business & Economics
ISBN : 9780745637525

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The New Scramble for Africa by Pádraig Carmody Pdf

Once marginalized in the world economy, the past decade has seen Africa emerge as a major global supplier of crucial raw materials like oil, uranium and coltan. With its share of world trade and investment now rising and the availability of natural resources falling, the continent finds itself at the centre of a battle to gain access to and control of its valuable natural assets. China's role in Africa has loomed particularly large in recent years, but there is now a new scramble taking place involving a wider range of established and emerging economic powers from the EU and US to Japan, Brazil and Russia. This book explores the nature of resource and market competition in Africa and the strategies adopted by the different actors involved - be they world powers or small companies. Focusing on key commodities, the book examines the dynamics of the new scramble and the impact of current investment and competition on people, the environment, and political and economic development on the continent. New theories, particularly the idea of Chinese "flexigemony" are developed to explain how resources and markets are accessed. While resource access is often the primary motive for increased engagement, the continent also offers a growing market for low-priced goods from Asia and Asian-owned companies. Individual chapters explore old and new economic power interests in Africa; oil, minerals, timber, biofuels, food and fisheries; and the nature and impacts of Asian investment in manufacturing and other sectors. The New Scramble for Africa will be essential reading for students of African studies, international relations, and resource politics as well as anyone interested in current affairs.

The Handbook of Historical Economics

Alberto Bisin,Giovanni Federico
The Handbook of Historical Economics Book PDF

Author : Alberto Bisin,Giovanni Federico
Publisher : Academic Press
Page : 1002 pages
File Size : 45,5 Mb
Release : 2021-04-21
Category : Business & Economics
ISBN : 9780128162682

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The Handbook of Historical Economics by Alberto Bisin,Giovanni Federico Pdf

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

The Long Divergence

Timur Kuran
The Long Divergence Book PDF

Author : Timur Kuran
Publisher : Princeton University Press
Page : 422 pages
File Size : 51,6 Mb
Release : 2012-11-11
Category : Business & Economics
ISBN : 9781400836017

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The Long Divergence by Timur Kuran Pdf

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.

The China Record

Fei-Ling Wang
The China Record Book PDF

Author : Fei-Ling Wang
Publisher : State University of New York Press
Page : 326 pages
File Size : 41,6 Mb
Release : 2023-03-01
Category : Political Science
ISBN : 9781438492285

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The China Record by Fei-Ling Wang Pdf

The China Record provides readers with an ambitious, detailed, and wide-ranging examination of the People's Republic of China (PRC) under the Chinese Communist Party (CCP) both as an alternative mode of political system and a distinctive model of socioeconomic development. Fei-Ling Wang assesses the record of the economy under the CCP, people's lives and rights, and China's spiritual and physical ecology. He focuses on issues of political representation, criminal justice, fiscal and monetary policies, state-led growth, living standards, academia and education, inequality and poverty, disaster relief and pandemic prevention, culture and ethics, and the protection of antiquities and the environment. Using both quantitative and qualitative data, The China Record seeks to provide a solid and balanced, yet unflinching, view about the nature, strengths, weaknesses, and implications of the PRC as an emerging superpower and a potential world leader. It is an effort to introduce a holistic evaluation of the CCP-PRC's overall efficacy, efficiency, power, sustainability, and desirability—or the lack thereof.

Globalization

Donald J. Boudreaux
Globalization Book PDF

Author : Donald J. Boudreaux
Publisher : Bloomsbury Publishing USA
Page : 179 pages
File Size : 42,9 Mb
Release : 2007-12-30
Category : Business & Economics
ISBN : 9780313342141

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Globalization by Donald J. Boudreaux Pdf

The contemporary era of globalization demonstrates that the local and global aspects of business and government are increasingly intertwined. This volume defines and makes sense of the workings of the global economy—and how it influences businesses and individuals. Each chapter identifies common questions and issues that have gained exposure in the popular media—such as outsourcing, the high cost of international travel, and the impact of a fast-growing China—to illustrate underlying drivers and mechanisms at work. Covering international trade, national wealth disparities (the haves vs. the have-nots), foreign investment, and geographical and cultural issues, and supported with illustrations, maps, charts, a glossary and timeline of key events,Globalization illuminates the dynamics of the global economy and informs readers of its profound impact on our daily lives.

Humanity in Economics

Patrick Pobuda
Humanity in Economics Book PDF

Author : Patrick Pobuda
Publisher : GRIN Verlag
Page : 218 pages
File Size : 43,8 Mb
Release : 2017-07-11
Category : Business & Economics
ISBN : 9783668481510

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Humanity in Economics by Patrick Pobuda Pdf

The negligence of humanity in economics has already led to huge inequalities in different spheres. This book does focus on social inequality as the considered root-cause for economic inequality while noticing the interrelations between political, economic, and social inequalities. Therefore, the introduced normative concept aims at the establishment of a long-term perspective in the economic sphere, the fairly-distributed allocation of resources as a result of political interference, and the ensuring of equality of opportunity in the social sphere by realization of the “Theory of liberal Fairness”. The intention is to enable citizens as well as societies coping with future challenges while putting the human being back in the center. To allow such a state, the “Theory of reasonable Progress” is proposed as an economic system that is based on Ordoliberalism with some Keynesian elements. The inquiry begins with some theoretical economic concepts and examines the origins as well as different levels of inequality in three countries with their special adoption of a market economy while investigating in each of them the owners of social responsibility. It is followed by a selection of some applicable as well as practicable theories of justice and the compilation of diverse measures in form of a comprehensive tool kit for the establishment of fairness as a response to the growing inequalities in our society. Hereby, the ownership of social responsibility is shared between the public and the private sector. These outcomes will be utilized to develop a framework for the promotion of humanity in economics while also maintaining a high degree of fairness. Consequently, these concepts will be applied to the European Union as an example for their proposed functioning. From the text: - Economic theories; - Inequality levels; - Fairness; - Human-centred business; - European integration

A Culture of Growth

Joel Mokyr
A Culture of Growth Book PDF

Author : Joel Mokyr
Publisher : Princeton University Press
Page : 424 pages
File Size : 52,7 Mb
Release : 2018
Category : BUSINESS and ECONOMICS
ISBN : 9780691180960

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A Culture of Growth by Joel Mokyr Pdf

Why Enlightenment culture sparked the Industrial Revolution During the late eighteenth century, innovations in Europe triggered the Industrial Revolution and the sustained economic progress that spread across the globe. While much has been made of the details of the Industrial Revolution, what remains a mystery is why it took place at all. Why did this revolution begin in the West and not elsewhere, and why did it continue, leading to today's unprecedented prosperity? In this groundbreaking book, celebrated economic historian Joel Mokyr argues that a culture of growth specific to early modern Europe and the European Enlightenment laid the foundations for the scientific advances and pioneering inventions that would instigate explosive technological and economic development. Bringing together economics, the history of science and technology, and models of cultural evolution, Mokyr demonstrates that culture--the beliefs, values, and preferences in society that are capable of changing behavior--was a deciding factor in societal transformations. Mokyr looks at the period 1500-1700 to show that a politically fragmented Europe fostered a competitive "market for ideas" and a willingness to investigate the secrets of nature. At the same time, a transnational community of brilliant thinkers known as the "Republic of Letters" freely circulated and distributed ideas and writings. This political fragmentation and the supportive intellectual environment explain how the Industrial Revolution happened in Europe but not China, despite similar levels of technology and intellectual activity. In Europe, heterodox and creative thinkers could find sanctuary in other countries and spread their thinking across borders. In contrast, China's version of the Enlightenment remained controlled by the ruling elite. Combining ideas from economics and cultural evolution, A Culture of Growth provides startling reasons for why the foundations of our modern economy were laid in the mere two centuries between Columbus and Newton.