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Many historical explanations and comparisons. I was looking for a book to teach me something, not to indoctrinate me into the 'Chicago school' or other bias. This book will help you come to your own conclusions on what works and what fails in economies and why.
4 of 4 people found this review helpful
If you like reading the Economist (and I do), you will love False Economy. Popular economic history in all the best ways. The big question is always, why are some countries so rich and some countries so poor? Beattie takes on this big question, answering lots of smaller questions along the way. His basic answers have to do with choices and institutions, a thesis he explores while teaching us why Argentina did not get rich, oil is more trouble than it is worth (usually), why cocaine is not grown in Africa, and why we pay so much for Peruvian asparagus (and subsidize rich American peanut growers).
3 of 3 people found this review helpful