Essay
Oct
1970
In the long run it may yet transpire that the differences between stages of economic development as between various nations and regions of the world are a more important determinant of history than differences in ideology or systems of government. Religious wars are contested with fervor at the time; so are wars to make the world safe for democracy. But sooner or later, the economic historian presents an alternative analysis which seems to put the hysteria of yesteryear in a more realistic frame.
