How the West Was Lost : Fifty Years of Economic Folly - and the Stark Choices Ahead

We think we know what's coming. But is it already too late? "How the West Was Lost" is a wake-up call for all of us. Dambisa Moyo argues that during the last fifty years the most advanced countries on earth have squandered their advantage through fatally flawed policies: obsessing over property, ravenously consuming and building up debt instead of investing. Here Moyo outlines solutions that could help stem the tide. By rethinking many of the things we take for granted, she shows, it may yet be possible for the West to get back into the race.

Dambisa Moyo is the critically acclaimed author of Dead Aid: Why Aid Is Not Working and How There Is Another Way for Africa, and was chosen as one of Time Magazine's 100 Most Influential People in the World in 2009. She holds a PhD in Economics from Oxford University and a Masters from Harvard University Kennedy School of Government, and has worked at the World Bank and Goldman Sachs. She was born and raised in Lusaka, Zambia.