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This is a very good book. It goes through the history of development. But, after finished reading the book, I wondered how William viewed the American development in Iraq. As a person who witnessed the liberation of Iraq and the millions of dollars from Tax payer’s money goes into sinks and got stolen, I believe there are other factors such as religion, culture, and corruption player a major role. The book talks only in terms of History of that Nation. But, how do you deal with people whose corruption is part of their DNA, love government chairs above their people? Who will kill in name of God to stay in power?
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Strongly recommend this book to anyone interested in the debate of democracy vs technocracy, and also the case for why all humans should have equal rights.
I really love and admire Easterleighs academic work. This book was interesting and I learnt some things. It had some weaker parts though. A large part of the book complains that some of Hayek's points have been overlooked. This strikes me as not a very bad thing, and anyway untrue. The first chapter is a frustrating defence of an argument not yet given. And some of the argument after that depends on equivocation. Still, there is much to be learnt here and some economics history that was new to me.