Sets out a realistic plan for solving the most severe crises our world faces - population growth, climate change, extreme poverty - by harnessing new technologies and a new ethic of global co-operation.
This controversial book reveals why millions are actually poorer because of aid, unable to escape corruption and reduced, in the West's eyes, to a childlike state of beggary. The author shows us another way, how with the right policies, even the poorest nations can turn themselves around.
Packed with short, pithy explanations that cut through the jargon, step-by-step diagrams that untangle knotty theories, classic quotes that make economics memorable, and witty illustrations that enhance and play with our understanding of economics.
The author explores the idea that our most recent financial failure lies not with individuals, but with an idea - the idea that markets are inherently rational. The book gives us the big picture behind the financial headlines, tracing the rise and fall of free-market ideology from Adam Smith to Milton Friedman and Alan Greenspan.