04/20/2022
From my new book review in Taki’s Magazine:
The Wealth of Notions
Steve SailerApril 20, 2022
How can we explain the varying wealth of nations? This question has long elicited a wealth of notions.
Thus, in my quarter century as a book reviewer, I’ve always been a sucker for taking on ambitious theory-and-history-of-everything books such as Jared Diamond’s Guns, Germs, and Steel, Gregory Clark’s A Farewell to Alms: A Brief Economic History of the World, and David Landes’ The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor that try to tackle the really big question of why the modern world is the way it is.
Why, for example, is the United States rich, Ethiopia poor, and Bolivia in between?…The latest in this genre is The Journey of Humanity: The Origins of Wealth and Inequality by Oded Galor, an economics professor at Brown U. Dr. Galor is not lacking in the self-confidence necessary for writing this type of book:
Fueled by the conviction, and the evidence, that in order to understand the causes of the vast inequality in the wealth of nations we would have to identify the principal driving forces behind the process of development as a whole, I have developed a unified theory that seeks to encompass the journey of humanity in its entirety.
Read the whole thing there.
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