Why the Poor Get Rich and the Rich Slow Down

In This Review

Why the Poor Get Rich and the Rich Slow Down

By Walt W. Rostow
University of Texas Press, 1980
456 pp. $19.95
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The effort to figure out what is wrong with the world economy has turned people increasingly to long-cycle theory. Professor Rostow is an old hand in these matters, as historian and as student of the process of growth, so it is very helpful to have a collection of his papers dealing with a number of aspects of the subject, including technology, price and the North-South questions.