Review of The Palgrave Encyclopedia of World Economic History

Graham Bannock and R.E. Baxter, The Palgrave Encyclopedia of World Economic History, Palgrave Macmillan 2009, 563 pages

If there is a common strand linking the major policy errors of our time, from the credit boom and bust to the invasion of Iraq and Afghanistan, it is an apparently wilful blindness to the lessons of history. Yet at a time when the cost of mistaken policies, whether in international finance, or economic development or in politics, is growing ever greater, it is more important th

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