Research paper

  1. Examine the reasons behind the economic problems in poor states today.

That’s an assignment I have for a research paper of 2,000 words. Do you have any books to suggest that will help me articulate this argument from an Austrian perspective?

Cheers.

From a general free market perspective, I’ve read and liked the following:

  • de Soto, Hernando (2000). The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else. New York City, New York: Basic Books.
  • Moyo, Dambisa (2009). Dead Aid. New York City, New York: Farrar, Strauss and Geroux.
  • Powell, Benjamin (2008). Making Poor Nations Rich: Entrepreneurship and the Process of Economic Development. Stanford California: Stanford Economics and Finance.

Sowell explained the difference between the poor world and rich world through geography.

See Third World Facts and Fallacies in Economic Facts and Fallacies and see Economics of Development of Nations in Applied Economics.