Unintended Consequences: The Impact of Factor Endowments, Culture, and Politics on LongRun Economic Performance (Ohlin Lectures,New

Unintended Consequences: The Impact of Factor Endowments, Culture, and Politics on LongRun Economic Performance (Ohlin Lectures,New

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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 addressed include a possible future clash of civilizations, the role of Asian values in the East Asian economic miracle, the cultural versus economic causes of social decay in the West, and whether modernization leads to Westernization. Lal makes an important distinction between material and cosmological beliefs, showing how both were initially shaped by factor endowments and how they have evolved in response to changing historical pressures in different civilizations. Lal's first major theme is the interaction of factor endowments, culture, and politics in explaining modern intensive growth in the West. The other major theme is the role of individualisman inadvertent legacy of the medieval Catholic Churchin promoting this growth, and the strange metamorphoses this has caused in both the West's cosmological beliefs and the interaction between the West and the rest. Lal takes account of the relevant literature in history, anthropology, social psychology, evolutionary biology, neurology, and sociology, and the economic history of the regions and cultures that form Eurasia. An appendix shows how the stories Lal tells can be described by four formal economic models.

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Frequently Asked Questions

  • Q: What is the main theme of 'Unintended Consequences' by Deepak Lal? A: The main theme of 'Unintended Consequences' explores the interaction of factor endowments, culture, and politics in explaining long-run economic performance, particularly in the context of Western growth.
  • Q: What topics are covered in Deepak Lal's book? A: The book addresses various topics including the role of culture in economic performance, potential clashes of civilizations, Asian values in economic success, and the relationship between modernization and Westernization.
  • Q: How does the author differentiate between material and cosmological beliefs? A: Deepak Lal distinguishes between material and cosmological beliefs by showing how both are influenced by factor endowments and evolve in response to historical changes in different civilizations.
  • Q: Is 'Unintended Consequences' a scholarly work? A: Yes, 'Unintended Consequences' is an interdisciplinary scholarly work that incorporates insights from history, anthropology, social psychology, and economics.
  • Q: What is the length of the book? A: The book 'Unintended Consequences' has a total of 304 pages.
  • Q: When was 'Unintended Consequences' published? A: The book was published on September 1, 2001.
  • Q: What is the condition of the book? A: The book is listed as 'New', indicating it is in pristine condition.
  • Q: Who is the author of the book? A: The author of 'Unintended Consequences' is Deepak Lal, who holds the title of James S Coleman Professor of International Development Studies.
  • Q: What format is 'Unintended Consequences' available in? A: The book is available in paperback format.
  • Q: What economic models are discussed in the book? A: The appendix of the book describes four formal economic models that relate to the narratives presented by the author.