{"product_id":"the-other-canon-of-economics-volume-1-1747249309872","title":"The Other Canon of Economics, Volume 1","description":"\u003cp\u003e\u003cem\u003eOther Canon Economics: Essays in the Theory and History of Uneven Economic Development\u003c\/em\u003e brings together key essays on development economics from one of the most prolific and important development economists and historians of economic policy today. Erik S Reinert argues through essays ranging from 1994 to 2020 that neo-classical economics damages developing countries: the theory of comparative advantage leaves out a number of factors which make economic activities qualitatively different as carriers of economic growth. Based on a long intellectual tradition – started by the Italian economists Giovanni Botero (1589) and Antonio Serra (1613) and later used in virtually all presently industrialised countries – Reinert shows that the country which exports increasing returns goods – e.g. high-end manufacture and advanced services – has advantages over the country which exports diminishing returns goods – i.e. commodities. This has very important implications for today’s development strategies that, Reinert argues, should be seen as variations of industrial strategies.\u003c\/p\u003e","brand":"Erik Rent","offers":[{"title":"Default Title","offer_id":50640734322980,"sku":"9781839982996","price":25.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0880\/7635\/3828\/files\/CoreSourceHub_46625643-4da3-4a38-a27a-cd9184a87393.jpg?v=1749696774","url":"https:\/\/indiepubs.co.uk\/products\/the-other-canon-of-economics-volume-1-1747249309872","provider":"IndiePubs UK","version":"1.0","type":"link"}