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Corruption of Economics : 2nd Edition by Fred Harrison and Mason Gaffney (2023, Trade Paperback)

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Corruption of Economics, Paperback by Gaffney, Mason; Harrison, Fred, ISBN 1916517005, ISBN-13 9781916517004, Brand New, Free shipping in the US Revealing the mystery of persistent economic failure, this book explains how the distorted view of economics has protected vested interests and prevented a more efficient economy, more equitable distribution of wealth and greater protection for the book is for those who know there is something wrong with our current system and want to discover more about what this is and what can be done to put it right.

About this product

Product Identifiers

PublisherShepheard-Walwyn Publishers, The Limited

ISBN-101916517005

ISBN-139781916517004

eBay Product ID (ePID)21060730956

Product Key Features

Number of Pages270 Pages

Publication NameCorruption of Economics : 2nd Edition

LanguageEnglish

Publication Year2023

SubjectEconomics / General, Economics / Theory

TypeTextbook

AuthorFred Harrison, Mason Gaffney

Subject AreaBusiness & Economics

FormatTrade Paperback

Dimensions

Item Length9 in

Item Width6 in

Additional Product Features

Edition Number2

Intended AudienceScholarly & Professional

TitleLeadingThe

SynopsisAn updated introduction by Fred Harrison makes this book even more compelling. A true classic and essential reading for anyone who wants to know the truth about how and why economics is corrupted and what can be done to resolve the issues we face today. Some years ago, The Economist carried a lead editorial, 'The puzzling failure of economics'. According to The Economist, this frank admission was provoked by the publication of a new edition of Paul Samuelson's Economics, probably the most widely used textbook in universities. His editorial concluded that it 'is not failure of economics, in fact, but of modern [neo-classical] economics'. The authors argue there is nothing puzzling about this failure. They document how the integrity of economics as a discipline was deliberately compromised towards the end of the 19th century. The tools for this strategy become neo-classical economics. Classical economists like Adam Smith had described wealth as the product of the three factors - land, labour and capital. In contrast, the new theorists reduced these to two: labour and capital, treating land as capital. The effect, the authors reveal, was to deprive professional economists of the ability to diagnose problems, forecast important trends and prescribe solutions. Neo-classical economics condemns the post-industiral economy to protracted periods of economic failure., Revealing the mystery of persistent economic failure, this book explains how the distorted view of economics has protected vested interests and prevented a more efficient economy, more equitable distribution of wealth and greater protection for the environment.This book is for those who know there is something wrong with our current system and want to discover more about what this is and what can be done to put it right.

LC Classification NumberHB98.2