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How The West Was Lost Fifty Years of Economic Folly And the Stark Choices Ahead

From the author of Dead Aid, Dambisa Moyo''s How the West was Lost explores how the ''first world'' has its wasted inheritance with flawed economic policy - and what can be done to reverse the decline. We think we know what''s coming. But is it already too late? How the West Was Lost is a wake-up call for all of us. Dambisa Moyo argues that during the last fifty years the most advanced countries on earth have squandered their advantage through fatally flawed policies: obsessing over property, ravenously consuming and building up debt instead of investing. Here Moyo outlines solutions that could help stem the tide. By rethinking many of the things we take for granted, she shows, it may yet be possible for the West to get back into the race. ''An outspoken iconoclast ... Moyo shows well