{"product_id":"9781839990038","title":"The Other Canon of Economics, Volume 2","description":"Author: Erik Reinert\u003cbr\u003eISBN: 9781839990038\u003cbr\u003ePublisher: Anthem Press\u003cbr\u003eYear first published: 13 Feb 2024\u003cbr\u003ePages: 526 \u003cbr\u003eFormat: Hardback\u003cbr\u003e\u003cbr\u003e\u003cp\u003eOther Canon Economics: Essays in the Theory and History of Uneven Economic Development brings together key essays on development economics from one of the most prolific and important development economists and historians of economic policy today. Erik S Reinert argues through essays ranging from 1994 to 2020 that neo-classical economics damages developing countries: the theory of comparative advantage leaves out a number of factors which make economic activities qualitatively different as carriers of economic growth. Based on a long intellectual tradition  started by the Italian economists Giovanni Botero (1589) and Antonio Serra (1613) and later used in virtually all presently industrialised countries  Reinert shows that the country which exports increasing returns goods  e.g. high-end manufacture and advanced services  has advantages over the country which exports diminishing returns goods  i.e. commodities. This has very important implications for today's development strategies that, Reinert argues, should be seen as variations of industrial strategies.\u003c\/p\u003e","brand":"Ships in 10 to 15 days","offers":[{"title":"Default Title","offer_id":47924914749598,"sku":"ING-9781839990038","price":159.78,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0400\/9043\/5742\/files\/9781839990038.jpg?v=1782955813","url":"https:\/\/classicbargains.com.au\/products\/9781839990038","provider":"Classic Bargains Australia","version":"1.0","type":"link"}