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Unintended Consequences ─ The Impact of Factor Endowments, Culture, and Politics on Long-Run Economic Performance
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Unintended Consequences ─ The Impact of Factor Endowments, Culture, and Politics on Long-Run Economic Performance

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In this book, based on the 1995 Ohlin Lectures, Deepak Lal provides an accessible,interdisciplinary account of the role of culture in shaping economic performance. Topics addressedinclude a possible future "clash of civilizations," the role of Asian values in the East Asianeconomic miracle, the cultural versus economic causes of social decay in the West, and whethermodernization leads to Westernization. Lal makes an important distinction between material andcosmological beliefs, showing how both were initially shaped by factor endowments and how they haveevolved in response to changing historical pressures in different civilizations.Lal's first majortheme is the interaction of factor endowments, culture, and politics in explaining modern intensivegrowth in the West. The other major theme is the role of individualism--an inadvertent legacy of themedieval Catholic Church--in promoting this growth, and the strange metamorphoses this has caused inboth the West's cosmological beliefs and the interaction between "the West and the rest." Lal takesaccount of the relevant literature in history, anthropology, social psychology, evolutionarybiology, neurology, and sociology, and the economic history of the regions and cultures that formEurasia. An appendix shows how the stories Lal tells can be described by four formal economicmodels.

作者簡介

Deepak Lal is the James S. Coleman Professor of International Development Studies at the University of California, Los Angeles.

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