{"product_id":"the-other-canon-of-economics-volume-2-essays-in-the-theory-and-history-of-uneven-economic-development-9781839990038","title":"The Other Canon of Economics, Volume 2: Essays in the Theory and History of Uneven Economic Development","description":"\u003cp\u003e • Author(s): Erik Reinert | Rainer Kattel\u003cbr\u003e • Publisher: Anthem Press\u003cbr\u003e • Publisher Imprint: Anthem Press\u003cbr\u003e • BISAC: Economic History\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cem\u003eOther Canon Economics: Essays in the Theory and History of Uneven Economic Development\u003c\/em\u003e 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 - has advantages over the country which exports diminishing returns goods - e.g. commodities. This has important implications for today's development strategies that, Reinert argues, should be seen as industrial strategies. \u003c\/p\u003e","brand":"Atlantic Books","offers":[{"title":"Hardcover","offer_id":46444255248535,"sku":"9781839990038","price":10243.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9781839990038.webp?v=1769129592","url":"https:\/\/atlanticbooks.com\/products\/the-other-canon-of-economics-volume-2-essays-in-the-theory-and-history-of-uneven-economic-development-9781839990038","provider":"Atlantic Books","version":"1.0","type":"link"}