How the West Was Lost by Dambisa Moyo
Fifty Years of Economic Folly--and the Stark Choices Ahead

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Synopsis

In How the West Was Lost, the New York Times bestselling author Dambisa Moyo offers a bold account of the decline of the West's economic supremacy. She examines how the West's flawed financial decisions have resulted in an economic and geopolitical seesaw that is now poised to tip in favor of the emerging world, especially China.

Amid the hype of China's rise, however, the most important story of our generation is being pushed aside: America is not just in economic decline, but on course to become the biggest welfare state in the history of the West. The real danger is a thome, Moyo claims. While some countries - such as Germany and Sweden - have deliberately engineered and financed welfare states, the United States risks turning itself into a bloated welfare state not because of ideology or a larger vision of economic justice, but out of economic desperation and short-sighted policymaking. How the West Was Lost reveals not only the economic myopia of the West but also the radical solutions that it needs to adopt in order to assert itself as a global economic power once again.

 

About Dambisa Moyo

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Born and raised in Zambia, Dambisa Moyo is an international economist who writes on the macroeconomy and global affairs. She earned her Ph.D. in economics from Oxford University and her master's degree from Harvard University's John F. Kennedy School of Government. She is the author of the New York Times bestseller Dead Aid, which details the inefficacy of development aid for poor countries. Named one of the 100 Most Influential People in the World by Time magazine, she writes regularly for Financial Times, the Economist, the Wall Street Journal, and other publications. Anne Flosnik is an accomplished, multi-award-winning British actress, with lead credits for stage, television, commercials, industrials, voice-overs, and audiobooks. Anne has garnered three AudioFile Earphones Awards, an ALA Award, and four Audie Award nominations. Her narration of Little Bee by Chris Cleave was chosen as one of the Best Audiobooks of the Year 2009 by AudioFile magazine and one of the Top 40 Best Audiobooks of 2009 by Library Journal.
 
Published February 15, 2011 by Farrar, Straus and Giroux. 242 pages
Genres: Business & Economics, Political & Social Sciences, History. Non-fiction
Bestseller Status:
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Peak Rank on Mar 06 2011
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Weeks as Bestseller

Unrated Critic Reviews for How the West Was Lost

The Guardian

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The west has blown its chance, they each suggest, by fatally abdicating responsibility to the free market and the bankers, but China and other Asian countries are being led by strong governments with both the power and the confidence to take the hard decisions to avoid the west's mistakes.

Feb 26 2011 | Read Full Review of How the West Was Lost: Fifty ...

The Guardian

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The west will lose out in the scramble for finite resources, and so as "the rest" rise "the west" will decline, not just relatively but absolutely.

Jan 16 2011 | Read Full Review of How the West Was Lost: Fifty ...

The Bookbag

You can read more book reviews and buy How the West was Lost: Fifty Years of Economic Folly And the Stark Choices Ahead by Dambisa Moyo at Amazon and Waterstones.

Jan 26 2011 | Read Full Review of How the West Was Lost: Fifty ...

Independent.ie

At first glance, Dambisa Moyo's second book is merely an incremental addition to the already sizeable literature that can be summed up in the phrase "China Will Eat Us".

Feb 12 2011 | Read Full Review of How the West Was Lost: Fifty ...

London School of Economics

First, is a political economy analysis of how and why this self-indulgent short-termism came to dominate public policy.

Jan 23 2011 | Read Full Review of How the West Was Lost: Fifty ...

Straight.com

The author, Zambian-born economist Dambisa Moyo, became the darling of the right-wing jet set with her last book, Dead Aid, which condemned giving foreign aid to Africa.

Mar 16 2011 | Read Full Review of How the West Was Lost: Fifty ...

The Coffin Factory

There are more well-intended but ill-conceived programs that Moyo blames for the inevitable demise of the West, particularly our national and corporate pension obligations, which Moyo calls “little more than Ponzi schemes.” Even more specifically, Moyo analyzes several factors that have contribu...

Feb 10 2012 | Read Full Review of How the West Was Lost: Fifty ...

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