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How the West Was Lost: Fifty Years of Economic Folly--and the Stark Choices
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How the West Was Lost: Fifty Years of Economic Folly--and the Stark Choices Ahead Hardcover - 2011

by Moyo, Dambisa


From the publisher

In "How the West Was Lost," the "New York Times" bestselling author Dambisa Moyo offers a bold account of the decline of the West's economic supremacy. She examines how the West's 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 China's 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.

Details

  • Title How the West Was Lost: Fifty Years of Economic Folly--and the Stark Choices Ahead
  • Author Moyo, Dambisa
  • Binding Hardcover
  • Edition [ Edition: Repri
  • Pages 240
  • Language ENG
  • Publisher Farrar, Straus and Giroux, NY
  • Date 2011
  • ISBN 9780374173258

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 master's from Harvard University's 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."
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