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Chargement... Extreme Economies: 9 Lessons from the World's Limits (édition 2019)par Richard Davies (Auteur)
Information sur l'oeuvreExtreme Economies: 9 Lessons from the World's Limits par Richard Davies
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Winner of the Enlightened Economist Prize 2019 Winner of Debut Writer of the Year at the Edward Stanford Travel Writing Awards 2020 Longlisted for the Financial Times & McKinsey Business Book of the Year Award 2019 'A highly original approach to understanding what really makes economies tick.' Mervyn King, former Governor of the Bank of England _____________________________ In search of a fresh perspective on the modern economy, Extreme Economies takes the reader off the beaten path, introducing people living at the world's margins. From disaster zones and displaced societies to failed states and hidden rainforest communities, the lives of people who inhabit these little-known places tend to be ignored by economists and policy makers. Leading economist Richard Davies argues that this is a mistake, and explains why the world's overlooked extremes offer a glimpse of the forces that underlie human resilience, help markets to function and cause them to fail, and will come to shape our collective future. Whether trekking with Punjabi migrants through the lawless Panamanian jungle or revealing the clever trick Syrians use to underpin trade in the world's most entrepreneurial refugee camp, Richard Davies brings a storyteller's eye to places where the economy has been destroyed, distorted, and even turbocharged. In adapting to circumstances that would be unimaginable to most of us, the people he encounters have become economic pioneers whose lives help us reflect on our own. At once intimate and analytical, Extreme Economies draws the lines between personal narratives and global trends, shedding light on today's biggest economic questions and providing vital lessons for our turbulent future. Aucune description trouvée dans une bibliothèque |
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Google Books — Chargement... GenresClassification décimale de Melvil (CDD)306.3Social sciences Social Sciences; Sociology and anthropology Culture and Institutions Economic institutionsClassification de la Bibliothèque du CongrèsÉvaluationMoyenne:
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Davies believes in the concept of markets in general--and he takes obvious delight in the way refugees and prisoners thwart attempts to stop markets for necessities--but he is not doctrinaire. Markets can fail, and less regulation is not more. The running theme is that while governments can misregulate the market, government also has the power to develop and support it. In Kinshasa, the market fails because the state is corrupt and lacks trust, leading to a cycle of corruption and weakness. In Glasgow, social capital was destroyed, leading to worse outcomes for its people than in other de-industrializing cities.
In Santiago, meanwhile, slavish devotion to Chicago economics has lowered absolute poverty, but has caused skyrocketing inequality, and its voucherized education system is a shambles. (It's worth noting that since the book was completed, major protests have rocked Santiago, and economic reforms have been promised.)
The book definitely reads like an Economist writer wrote it, but is none the worse for it.
If I were to offer any criticisms, it's that he ignores an element in Japan's aging: the birth rate has plummeted, in part because of ingrained sexism and poor support for families. Japanese women have responded to this incentive by not having children. Also, while he tempers his enthusiasm for technology in the section on Tallinn, he still comes off as a bit of a booster who's a little too quick to wave off job losses or the potential for misuse of technology. If I could give this 4.5 I would, but it was too enjoyable to round down. ( )