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- The_Wealth_and_Poverty_of_Nations abstract "The Wealth and Poverty of Nations: Why Some are So Rich and Some So Poor (ISBN 0-393-04017-8), published in 1998 (with an epilogue added to the 1999 paperback edition), is a book by the late David Landes, formerly Emeritus Professor of Economics and former Coolidge Professor of History at Harvard University. In it, Landes elucidates the reasons why some countries and regions of the world experienced near miraculous periods of explosive growth while the rest of the world stagnated. He does this by comparing the long-term economic histories of different regions of the world, giving priority to Europe and the United States, as well as Japan, China, the Arab world, and Latin America. In addition to analyzing economic and cliometric figures, he gives substantial credit to such intangible assets as culture and enterprise in the different societies he examines in order to explain economic success or failure.In doing so, he revives, at least in part, several theories he believes have been incorrectly discarded by academics over the last 40 years: The 'cultural thesis' or Protestant work ethic of Max Weber, whereby the values imposed by the Protestant religion on its adherents would have pushed them to value hard work, timeliness, enterprise, free market and free-thinking to a much greater extent than for their Catholic brethren, which would explain the great success of northern Protestant regions such as the Netherlands, Great Britain, Denmark and parts of Germany as compared to southern Catholic nations such as Spain and France. The 'hydraulic thesis' or 'Oriental Despotism thesis' of Karl A. Wittfogel, in which despots would control the use of water in order to submit the population to its will. The 'climate thesis' that posits that tropical climes are, ceteris paribus, poor candidates for development. Many of the theories of Adam Smith, whose Wealth of Nations is borrowed from for the title. That does not necessarily mean a doctrinaire neoclassicism, as Landes notes that 'comparative advantage' can change over time.He also spends a good deal of effort to debunk claims that the Asian miracle did not happen, was not significant, or was financed by European colonialism, and he draws a correlation between the economic level of a country and the way it treats its women.In short, he argues that the vast economic growth of the Industrial Revolution was no accident but instead resulted from several qualities of Europe, including its climate, political competition, economic freedom and attitude towards science and religion, more specifically from certain countries in Western Europe, primarily England.".
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- The_Wealth_and_Poverty_of_Nations comment "The Wealth and Poverty of Nations: Why Some are So Rich and Some So Poor (ISBN 0-393-04017-8), published in 1998 (with an epilogue added to the 1999 paperback edition), is a book by the late David Landes, formerly Emeritus Professor of Economics and former Coolidge Professor of History at Harvard University. In it, Landes elucidates the reasons why some countries and regions of the world experienced near miraculous periods of explosive growth while the rest of the world stagnated.".
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