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Posted August 3, 2004
Gertrude Stein called Ezra Pound, 'a village explainer,' and said that was fine if one happened to be a village. Author and historian William J. Bernstein is an explainer, so put on your village thinking cap. This sprawling book skips over a broad surface of economic history, theology, sociology, engineering, politics and mechanics, like a flat pebble over a smooth pond. Readers with scant grounding in these disciplines can still have a good time as they gaze slightly slack-jawed at this colorful, fast-moving assemblage of facts, theories and prejudices, all mixed, mingled and as surprising as a carnival parade. Readers who know these subjects, on the other hand, will relish the sweep of Bernstein's saga even if they balk at the inevitable simplifications, exaggerations, contradictions and foggy facts that result from compressing world economic history into 400 pages. Bernstein arranges his history around the four pillars that, he says, support continual economic growth: property rights, the scientific method, capital markets and communications. Given that framework, his presentation is logical and lively. We liked this entertaining read, which is imbued with a history buff's excitement.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Posted April 6, 2004
Normally, I read histories, but not economic books. This one first caught my attention with its title and then its cover. From the very beginning I was seduced by the clarity of the prose and the unique perspective this book offers on our past development and future prospects. Bernstein explains his theories and illustrates them with case studies of Holland, England, Spain, France, and Japan, followed by the Ottoman Empire and an overview of Latin America. Essentially this book explains why we, the United States and other English speaking countries, have wealth and so many other countries do not. Not content to rest there, Bernstein discusses if this wealth makes us happy and its relationship to democracy. While this is much to absorb, the writing style flows smoothly and the historical sweep is dazzling.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Posted January 9, 2011
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