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From the Publisher
"Webber and Rigby's Golden Age of Illusion is an extraordinary achievement and a 'must-read' for every serious student of the global economy. I can think of nothing remotely comparable. It provides a thoroughgoing reinterpretation of world economic trends of the last fifty years that overthrows most of the canon on globalization and the rise and fall of nations.
"This is a huge and difficult book, with a compact and rigorous form of argument that is not for beginners or the scientifically faint of heart. Rarely does a book show a surer grasp of economic theory, world history, and econometric methods all at once. But the patient reader is rewarded by a tour de force through the global economy, one full of surprises and original insights. Webber and Rigby put to flight a host of pieties about free trade, equilibrium, competitive advantage, modes of regulation, and international division of labor means of the rigorous unapologetic application of classical political economy.
"These authors show an admirable capacity to work systematic models through the immense variety of real history while neither abandoning explanation nor dissolving complexity. A coup for economic geography and a challenge to the economists--if they know what hit them." --Richard A. Walker, Ph.D., Professor and Chair, Department of Geography, University of California at Berkeley
"This is a remarkable book. It is a major contribution to the theory of capitalist growth, competition and crisis, and it is a major contribution to the theory of spatial and sectoral uneven development. It is crammed with data, equations and tests of arguments and hypotheses. And it is remarkably detailed when we come to assess its arguments with respect to those in the literature." --Gordon L. Clark, Transactions of the Institute of British Geographers