This book makes the bold attempt at proposing a new general theory of economic development founded on the fact-based perspective of economic behaviour. The main premise is that economic institutions and policies must embody 'economic discrimination' if there is to be any chance of real economic...

Contents: 1. Introduction -- 2. Peculiarities of economic development -- 3. -- Critique of existing theories and a new beginning -- 4. Western extended economic development -- 5. Eastern condensed economic development -- 6. Corporations in economic development -- 7. A general theory of economic...