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Goodbye Poverty! Brief economic history of the world

Goodbye Poverty! ( Eng. A Farewell to Alms ) is a book on the economic history of Gregory Clark , with the subtitle " A Brief Economic History of the World ." The title of the book is a pun, echoing the title of Ernest Hemingway’s novel, Farewell to Arms! ".

Goodbye Poverty! Brief economic history of the world
general information
AuthorGregory Clark
Type of
GenreEconomic history
Social evolution
Original version
TitleA Farewell to Alms: A Brief Economic History of the World
LanguageEnglish
Place of publicationUSA
Publishing housePrinceton University Press
The year of publishing2007 year
Russian version
TranslatorNikolay Edelman
Place of publicationMoscow
Publishing houseGaidar Institute Publishing House
The year of publishing2012
ISBN978-5-93255-338-1

Contents

The book examines the gap between rich and poor countries that has arisen as a result of the industrial revolution . Clark (who is British by birth) claims that the breakup began in England. Until 1790, Clark argues, humanity was confronted with the Malthusian trap : new technologies improved efficiency and produced more food, as a result of which the population grew, leading to poverty and a decline in productivity.

Contrary to the prevailing theory that the “industrial revolution” occurred due to the unexpected appearance of stable political, legal and economic institutions in Europe in the 17th century, Clark shows that such institutions arose long before industrialization and gradually led to deep cultural shifts, prompting people to abandon the “hunting -collegial ”instincts (violence, impatience, power saving) and to master new economic habits (hard work, rationality, education). According to Clark, the problem is that only societies with a long history of peace and security can develop the cultural traits and effective workforce that make economic growth possible. For societies in which there were no long periods of stability, industrialization did not produce the maximum effect [1] .

Notes

  1. ↑ Gregory Clark. Goodbye Poverty! Brief economic history of the world

Links

  • Volodin A. Farewell to poverty! Hello, welfare? (Notes on the book of G. Clark) // Economic history. 2013. No. 1. P. 108–111.


Source - https://ru.wikipedia.org/w/index.php?title= Goodbye, poverty !_Short_economic_history of the world&oldid = 102680910


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