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 how fundamental economic liberalisation espoused by what she calls the profligate, greedy, self-interested West has come back to bite it.’ — Guardian
‘Succinct and sophisticated … I applaud her brave alarum against our economic and social complacency.’ — Observer
‘A well-reasoned look at how the world’s most-advanced nations are squandering their economic lead…a prescription for stopping the rot.’ — Bloomberg
‘Clear and brazen…This argument has rarely have been made more concisely.’ — The Times
‘An economist who makes waves.’ — Sunday Telegraph
Dr. Dambisa Moyo is an international economist who writes on the macro-economy and global affairs.
She is the author of the New York Times Bestsellers "Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa", "How The West Was Lost: Fifty Years of Economic Folly - And the Stark Choices Ahead" and "Winner Take All: China's Race for Resources and What It Means for the World".
Ms. Moyo was named by Time Magazine as one of the "100 Most Influential People in the World", and was named to the World Economic Forum's Young Global Leaders Forum. Her work regularly appears in economic and finance-related publications such as the Financial Times and the Wall Street Journal.
She completed a doctorate in Economics at Oxford University and holds a Masters degree from Harvard University. She completed an undergraduate degree in Chemistry and an MBA in Finance at the American University in Washington D.C.