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Economics for the Rest of Us

By Moshe Adler

Economics for the Rest of Us Books

Economics for the Rest of Us

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Description
Why do contemporary economists consider food subsidies in starving countries, rent control in rich cities, and health insurance everywhere "inefficient"? Why do they feel that corporate executives deserve no less than their multimillion-dollar "compensation" packages and workers no more than their meager wages? Here is a lively and accessible debunking of the two elements that make economics the "science" of the rich: the definition of what is efficient and the theory of how wages are determined. The first is used to justify the cruelest policies, the second grand larceny. Filled with lively examples--from food riots in Indonesia to eminent domain in Connecticut and everyone from Adam Smith to Jeremy Bentham to Larry Summers--"Economics for the Rest of Us" shows how today's dominant economic theories evolved, how they explicitly favor the rich over the poor, and why they're not the only or best options. Written for anyone with an interest in understanding contemporary economic thinking--and why it is dead wrong--"Economics for the Rest of Us" offers a foundation for a fundamentally more just economic system.
Product details
Binding:
Paperback
Edition:
illustrated
Number of Pages:
240
Release Date:
2011-04-05
Publication Date:
2011-04-05
Publisher:
New Press
Languages:
Original: English
ISBN10:
1595586415
ISBN13:
9781595586414
Weight:
245 g
Height:
139 cm
Width:
183 cm
Thickness:
17 cm
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