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Truth, Errors, and Lies: Politics and Economics in a Volatile World
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(c) 2025 Columbia University Press. All Rights reserved.
Page 7
Table of Contents
Page 9
The Navigator
Page 13
1. The World, Words, and Meaning: Where Truth, Errors, and Lies in Economics and Politics Come from and What to Do to Make Truth Come First
Page 38
2. How Things Happen: Economic Processes—What Science, Policy, and Happenstance Have to Do with Them and Who Set It Up This Way
Page 52
3. A Brief History of the World and What We Can Learn from It: Why Some Countries Are Wealthy and Others Poor and Whether It Must Always Be So
Page 90
4. Globalization—and Then What? Where Globalization Originated and How to Come Out Ahead in the Era of Worldwide Interdependence
Page 139
5. The World As It Is: How People Are Coping in Various Corners of a Changing World
Page 216
6. The Withering of Neoliberalism and Its Tattered Legacy: Why a Harmful Concept Rose to Temporary Ascendancy in Half the World and What to Do About It
Page 268
7. What Development Is and What It Depends On: Where Socioeconomic Development Comes from and How It Can Make Us Happy
Page 305
8. Stagnation and Development—Institutions, Policy, and Culture: On the Rules of the Economic Game, Deleterious and Progressive Policies, and the Signifi cance of Culture in Development
Page 331
9. The Coincidence Theory of Development and the New Pragmatism: What Output Growth and Economic Development Depend On and How to Make Them Better
Page 350
10. The Uncertain Future: What Awaits Us in the Near and Distant Future and What Say We Have in It
Page 433
A Letter
Page 437
Notes
Page 453
Index
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The Navigator (4)
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1. The World, Words, and Meaning: Where Truth, Errors, and Lies in Economics and Politics Come from and What to Do to Make Truth Come First (25)
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2. How Things Happen: Economic Processes—What Science, Policy, and Happenstance Have to Do with Them and Who Set It Up This Way (14)
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3. A Brief History of the World and What We Can Learn from It: Why Some Countries Are Wealthy and Others Poor and Whether It Must Always Be So (38)
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4. Globalization—and Then What? Where Globalization Originated and How to Come Out Ahead in the Era of Worldwide Interdependence (49)
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5. The World As It Is:How People Are Coping in Various Corners of a Changing World (77)
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6. The Withering of Neoliberalism and Its Tattered Legacy: Why a Harmful Concept Rose to Temporary Ascendancy in Half the World and What to Do About It (52)
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7. What Development Is and What It Depends On:Where Socioeconomic Development Comes from and How It Can Make Us Happy (37)
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8. Stagnation and Development—Institutions, Policy, and Culture: On the Rules of the Economic Game, Deleterious and Progressive Policies, and the Significance of Culture in Development (26)
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9. The Coincidence Theory of Development and the New Pragmatism: What Output Growth and Economic Development Depend On and How to Make Them Better (19)
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10. The Uncertain Future: What Awaits Us in the Near and Distant Future and What Say We Have in It (83)
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A Letter (4)
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Notes (16)
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Index (20)
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442 Index Asia (continued) in, 136, 191, 194, 289, 325, 361, 388; and interdependence, 94; Internet in, 142, environment in, 182; fi nancial crisis in, 402; labor from, 106; and Millennium 98; and globalization, 94, 352; income Development Goals, 275, 276; and disparities in, 137; institutions in, 247; and neoliberalism, 211; NRI of, 142; and oil, population growth, 381; and regional 359; regional groups in, 354, 408. See also groups, 89; socialism in, 228; social particular countries programs in, 384–85 Attali, Jacques, 43 Bremer, Paul, 298 Australia: and Asia, 211, 408; defi Bretton Woods system, 352, 357 cits in, 189; development in, 44, 162, 166, 289; British Empire, 111 economic freedom in, 171; income in, 54, Brzezinski, Zbigniew, 236, 351, 405 70; languages in, 411; migration to, 30; Buddha, 50 neoliberalism in, 208; population of, 375; Buddhism, 269, 316 the state in, 104, 245 Bulgaria, 11, 64, 105, 201, 231, 328 Austria, 44, 190, 270 Burkina Faso, 29, 158, 163, 193, 248–49, 427n4 authoritarianism, 304, 305, 307 Burma (Myanmar), 168, 171, 193, 406, 412 automobiles, 27, 28, 393, 394 Burundi, 60, 75, 142, 163, 164, 193, 270, 372 Azerbaijan, 64, 136, 138, 165, 305 Bush, George H. W., 209 Aztecs, 290 Bush, George W., 280, 351 By Force of Thought (Kornai), 22 Baader-Meinhof Gang, 405 Bahamas, 270 calendar, international, 116 Bahrain, 314, 378 Cambodia, 44, 132, 141, 165, 230, 412 Balboa, Vasco Núñez de, 88, 126 Cameroon, 130–31, 142, 149, 193 Balcerowicz, Leszek, 214 Canada, 55, 171, 327; and China, 229; debt of, Bangladesh, 132, 137, 142, 191, 296, 354, 378 192; development in, 136, 162, 273; and banking, 75, 81, 95, 96, 191, 209, 244; by cell globalization, 89, 97, 254; neoliberalism phone, 398–99 in, 208; SWB of, 270 banks, central, 184–85, 188, 190, 199, 201; in Cape Verde, 172 Poland, 219–20 capital: of China and India, 235; in coincidence Barre family (Niger), 145–52, 159 theory, 322, 331; and communism, 92; and Bauman, Zygmunt, 41 culture, 254; and debt, 7, 191, 194; and Belarus, 167, 172, 306, 339, 345, 429n12 democracy, 306; and development, 106, Belgium, 31, 75, 134, 190, 195, 273, 316 163, 164, 256, 257, 262, 280, 281, 287, 288, Belize, 44, 168, 172 326, 327; and energy resources, 363; and Benin, 149, 167, 168, 193 environment, 367–68; and exchange rates, Berezovsky, Boris, 237 196, 201; and fi nancial crises, 98; fl ow of, Berlin Wall, 45, 83, 213 182–203, 280, 299, 382; and freedom of Berlioz, Hector, 44 choice, 81; and the future, 342; and Berners-Lee, Timothy, 392 globalization, 83, 86, 87, 101, 249; and Bhutan, 269, 270, 271–72, 348 institutions, 296, 299; international, 7, biotechnology, 28, 110, 393–94 81, 108, 182–203, 249, 254; and Internet, Blair, Tony, 208 401; and knowledge, 386, 388; and Bohemia, 44 liberalization, 86, 209; and neoliberalism, Bolívar, Simón, 90 211, 223–24, 252, 253; politics of, 251; and Bolivia, 136, 165, 193, 228; incomes in, 137, 138; poverty, 382, 385; rationality of, 253; and regional groups, 89, 90; resources of, regulation of, 108; social, 163, 164, 188, 66, 412; stagnation in, 65, 132 266, 326, 327, 331, 386; speculative, 98, 352; Borneo, 181, 411 and the state, 81, 245, 249; and trade Bortle Dark-Sky Scale, 410 defi 195–96; transfers of, 88, 194, 380, cits, Bosnia and Herzegovina, 33, 64, 137, 373 382; vs. GDP, 266; vs. labor, 107, 265; vs. Botswana, 48, 136, 137, 168, 314, 399, 412 living standards, 257–61; and women, 284 Boulainvilliers, Henri de, 80 capital, human: and aging populations, 377; Brazil: anti-Americanism in, 226; debt of, 192, and capitalism, 293; in China, 232, 233; and 199; democracy score of, 168; development development, 224, 241, 262, 266, 280, 286;
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Truth, Errors, and Lies: Politics and Economics in a Volatile World
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(c) 2025 Columbia University Press. All Rights reserved.
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Truth, Errors, and Lies: Politics and Economics in a Volatile World
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(c) 2025 Columbia University Press. All Rights reserved.
Truth, Errors, and Lies: Politics and Economics in a Volatile World resources
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