Contents: Introduction Erik S. ReinertPART I: FOUNDATIONS OF AN ALTERNATIVE THEORETICAL PERSPECTIVE 1. The Other Canon: The History of Renaissance Economics Erik S. Reinert and Arno M. Daastol2. Natural versus Social Sciences: On Understanding in EconomicsWolfgang DrechslerPART II: THE STRATEGY OF SUCCESS: NINETEENTH-CENTURY UNITED STATES AND GERMANY 3. The Views of the German Historical School on the Issue of International Income Distribution Jurgen G. Backhaus4. Technical Progress and Obsolescence of Capital and Skills: Theoretical Foundations of Nineteenth-Century US Industrial and Trade Policy Michael HudsonPART III: THE STRATEGY OF FAILURE: LATE TWENTIETH-CENTURY DEINDUSTRIALIZATION AND THE ECONOMICS OF RETROGRESSION 5. Natural Resources, Industrialization and Fluctuating Standards of Living in Peru, 1950-1997: A Case Study of Activity-Specific Economic Growth Santiago Roca and Luis Simabuko6. Globalization in the Periphery as a Morganthau Plan: The Underdevelopment of Mongolia in the 1990s Erik S. ReinertPART V: TECHNICAL CHANGE AND THE DYNAMICS OF INCOME INEQUALITY 7. Technological Revolutions, Paradigm Shifts and Socio-institutional Change Carlota Perez8. Income Inequality in Changing Techno-economic Paradigms Chris Freeman9. Information Technology in the Learning Economy: Challenges for Developing Countries Dieter Ernst and Bengt-Ake Lundvall10. Diversity: Implications for Income DistributionDavid B. Audretsch11. Convergence, Divergence and the Kuznets CurveAdne CappelenIndex.