Edge of Chaos
By Dambisa Moyo
Why Democracy Is Failing to Deliver Economic Growth – and How to Fix It. Basic Books, 2018.
Summary of Edge of Chaos book by Dambisa Moyo
A thought-provoking examination of the economic and political challenges facing liberal democracies the world over, along with a proposal of ten far-reaching reforms to move beyond current short-sighted policies and tendencies.
Chapters in Edge of Chaos book summary
What do you get from this book? Discover the dangers of short-sighted policies and slowing economic growth around the world
Economic growth is critical to the improvement of human societies, but short-sightedness is coming in the way
Growth is being suffocated by mountains of debt, scarce natural resources, and poorly allocated capital
Challenges to labor and productivity—both drivers of growth—further threaten the global economy
Protectionism is a short-sighted political tendency that negatively impacts growth and living standards, and creates instability
A global perspective would help address massive movements of people around the world in the form of immigrants and refugees
State-run capitalism is expanding worldwide as more countries prioritize economic growth over freedom
Moyo’s proposed reforms would push policymakers to think on the long-term, be better prepared, and be held accountable
The additional reforms Moyo lays out would improve voters’ understanding of politics and institute mandatory voting
Summary of the key insights
Selected critiques in brief
Final word
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Edge of Chaos — Book Summary Snapshot
Who should read Edge of Chaos book
- Politicians and policymakers
- economics students
- disenfranchised voters
- supporters of Brexit and other fringe elements
- anyone interested in the global economy
About the author of Edge of Chaos
Dambisa Moyo
Economist and best-selling author Dambisa Moyo started her career at the World Bank and Goldman Sachs before going on to publish pieces for the Economist, Wall Street Journal, and Financial Times. She was named one of Time’s 100 Most Influential People in 2009, among numerous other awards and honors, including being chosen as World Economic Forum Young Global Leader.
Books similar to Edge of Chaos
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Robert Reich
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Andrew W. Lo
Financial Evolution at the Speed of Thought. Princeton, 2019.
Alan S. Blinder
The Financial Crisis, the Response, and the Work Ahead. Penguin, 2013.
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