Culture and Prosperity by John Kay

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Culture and Prosperity by John Kay

Why are some countries rich and others poor? Why does a farmer in Sweden have a higher standard of living than a farmer in South Africa? Why does a schoolteacher in Switzerland earn more than one in Chicago?According to leading economic theorist John Kay, economic markets are key to the wealth or poverty of the world's nations. In Culture and Prosperity, Kay explores why market economies outperform socialist or centrally directed markets -- and why the imposition of market institutions often fails. His search for the truth about markets takes him from the shores of Lake Zurich to the streets of Mumbai, through theories of evolutionary psychology and moral philosophy to the flower market at San Remo and Christie's salesroom in New York.

Witty, engaging, and grounded in cutting-edge economic theory, Culture and Prosperity is essential for understanding the state of the world today.

Kay, John: - ohn Kay, writer and lecturer, was born in Park Royal, London and brought up in nearby Hammersmith. He attended a state grammar school in the West London suburbs, an area colloquially known as Metroland, made famous by the celebrated poet John Betjeman. After leaving school at eighteen, he began a career in banking, working for Barclays Bank in central London, a stone's throw from the famed Portobello Market, fashionable South Kensington and up-market Chelsea. After gaining an Honours degree in English Literature from the University of Reading, he later studied for a Master's at the University of Leicester. Having taught at a number of schools and colleges in the south of England, he retired early as Head of Department from one of the largest colleges in the country.
SKU Unavailable
ISBN 13 9780060587062
ISBN 10 0060587067
Title Culture and Prosperity
Author John Kay
Condition Unavailable
Binding Type Paperback
Publisher Harperbusiness
Year published 2005-05-31
Number of pages 432
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.