Economics and World History: Myths and ParadoxesWe cherish many myths about our histories. Not the least of these myths are those about economic history: such as the roots of depressions, the causes of growth and the reasons behind nations' different stages of economic development. Paul Bairoch sets out in this book to demolish 18 such myths and to reveal generally unnoticed but economically important turning points in modern economic history. |
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Page 54
It is difficult to find another case where the facts so contradict a dominant theory than the one concerning the negative impact of protectionism ; at least as far as nineteenth - century world economic history is concerned .
It is difficult to find another case where the facts so contradict a dominant theory than the one concerning the negative impact of protectionism ; at least as far as nineteenth - century world economic history is concerned .
Page 81
By 1790 , England's per capita consumption of iron was at least six times higher than that of the rest of Europe and that of cotton at least twenty times . In 1790 , the patents for James Watt's steam engine and Richard Arkwright's ...
By 1790 , England's per capita consumption of iron was at least six times higher than that of the rest of Europe and that of cotton at least twenty times . In 1790 , the patents for James Watt's steam engine and Richard Arkwright's ...
Page 166
... export these in return for goods in which its absolute advantage is least.2 The most important parts of any trade theory are the discussions of the effects of trade on economic development ; the expansion of international trade not ...
... export these in return for goods in which its absolute advantage is least.2 The most important parts of any trade theory are the discussions of the effects of trade on economic development ; the expansion of international trade not ...
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Contents
Was there Free Trade in the Rest of the World? | 30 |
Has Protectionism Always had a Negative Impact? | 44 |
Major Myths on the Role of the Third World in Western | 57 |
Copyright | |
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Common terms and phrases
agricultural products already America annual average Bairoch balance began beginning Britain British capita cereals Chapter cities coal colonial compared concerned considered consumption costs cotton decline deficit depression developed countries duties early economic development economic growth Empire energy especially estimate Europe European example excluding exports fact factors figures foreign France free trade future Germany higher implies important increase indices Industrial Revolution Italy Japan lead least less liberal limited major manufactured means measures million tons myths negative nineteenth century noted period petroleum population present primary probably protection protectionism protectionist rapid raw materials reached regions relative represented rest result role sectors seen share situation Sources Statistics sugar Table tariff terms of trade textile Third World Trade balance turning United Kingdom urbanization various volume West Western
Bibliographic information
| Title | Economics and World History: Myths and Paradoxes |
| Author | Paul Bairoch |
| Publisher | Harvester Wheatsheaf, 1993 |
| ISBN | 074500654X, 9780745006543 |
| Length | 184 pages |
| Export Citation | BiBTeX EndNote RefMan |