How the West Was Lost: Fifty Years of Economic Folly and the Stark Choices Ahead
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Overview
The renowned economist and New York Times–bestselling author presents a “succinct and sophisticated” account of Western economic decline (Paul Collier, The Observer).
Amid the hype of China’s economic rise, the most important story of our generation is being pushed aside: America is not just in decline, but on course to become the biggest welfare state in the history of the West. As prize-winning economist Dambisa Moyo demonstrates in How the West Was Lost, the real danger is at home.
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.
- Title: How the West Was Lost: Fifty Years of Economic Folly and the Stark Choices Ahead
- Author: Dambisa Moyo
- Publisher: Farrar, Straus and Giroux
- Print Publication Date: 2024
- Logos Release Date: 2024
- Pages: 242
- Language: English
- Resources: 1
- Format: Digital › Ebook
- ISBNs: 9781429988483, 9780374173258, 0374173257, 1429988487
- Resource ID: LLS:9781429988483
- Resource Type: Monograph
- Metadata Last Updated: 2025-04-21T10:26:35Z
Dambisa Moyo is the author of Dead Aid. Born and raised in Lusaka, Zambia, Moyo completed a Ph.D. in economics at Oxford University and holds a master's from Harvard University's John F. Kennedy School of Government. She worked for the World Bank as a consultant, and also worked at Goldman Sachs for eight years. In 2009, Time magazine named her one of the "100 most influential people in the world." Her writing frequently appears in publications including the Financial Times, The Economist, and The Wall Street Journal.