Rich Lands and Poor: The Road to World Prosperity

advanced countries analysis assumption backwash effects basis become capital chapter circular causation classical economists colonial coun culture cumulative process demand democracy developed countries dynamic economic development economic planning economic theory equality doctrine equality ideal equality of opportunity expansionary momentum export fact factors factors of production free trade doctrine greater equality groups harmony of interests human implies important income increase industrial inherited international economic inequalities international inequalities international trade investment Knut Wicksell labor laissez faire logical market forces ment moral national integration national plan natural law Negro nomic noneconomic organizations particular philosophies policy interferences political poor poorer countries population poverty predilections price system problems production reasons reforms regional inequalities relations result richer countries scientific Second World War social process spread effects stable equilibrium stagnation tend tendency theoretical theory of international tion tradition underdeveloped countries underdevelopment and development usually valuations value premises veloped welfare whole