Economics and World History
Myths and Paradoxes
"A challenging and readable introduction to some major controversial themes in modern international economic history."—Peter J. Cain, International History Review
"Paul Bairoch sheds fascinating light on many of the accepted truths of modern economic history: an intriguing account, well executed."—Alfred L. Malabre, Jr., Economics Editor, Wall Street Journal
Pt. I: Major Myths About the Developed World
1: The 1929 Crash and the Great Depression
2: Was there a Golden Era of European Free Trade?
3: Was there Free Trade in the Rest of the World?
4: Has Protectionism Always had a Negative Impact?
Pt. II: Major Myths on the Role of the Third World in Western Development
5: Were Third-World Raw Materials Central to Western Industrialization?
6: Were Colonial Outlets Crucial to Western Industries?
7: Was Colonialism Important in Triggering the Industrial Revolution?
8: The Balance Sheet of Colonialism
Pt. III: Major Myths About the Third World
9: Was there a Large Income Differential before Modern Development?
10: A long-term Deterioration in the Terms of Trade?
11: The More Tropical Products Exported, the More Food Imported?
12: Population Growth: the More, the Better?
Pt. IV: 'Minor' Myths and Unnoticed Turning Points
13: Some Less Important Myths
14: Generally Unnoticed Historical Turning Points
Conclusions: The Paradox of Economic History or the Absence of Absolute