Prosperity Versus Planning : How Government Stifles Economic Growth
This book argues that the nations of the Western World are far more productive and wealthy than other nations because of their market-oriented economic institutions. It challenges conventional wisdom by arguing that foreign aid is largely harmful to Third World people and that multinational corporations are largely beneficial. The book concludes with a discussion of the necessary underpinnings of economic development - secure private property rights, purpose-independent law, and free markets.
- Paperback | 284 pages
- 155.7 x 233.9 x 20.1mm | 442.91g
- 01 Nov 1992
- Oxford University Press Inc
- New York, United States
- line illustrations, tables