The economists' hour : false prophets, free markets, and the fracture of society / Binyamin Appelbaum.
By: Appelbaum, Binyamin [author.].
Publisher: New York : Little, Brown and Company, ©2019Copyright date: ©2019Edition: First edition.Description: 439 p: illustrations (some color) ; 25 cm.Content type: text Media type: unmediated Carrier type: volumeISBN: 9780316512329.Other title: False prophets, free markets, and the fracture of society.Subject(s): 1900-1999 | Economic history -- 20th century | Economics -- Political aspects -- United States | Economics -- United States -- History -- 20th century | Economists -- United States | Economics | Economists | United StatesGenre/Form: History. | Print books.| Current location | Call number | Status | Date due | Barcode | Item holds |
|---|---|---|---|---|---|
| On Shelf | HC54 .A66 2019 (Browse shelf) | Available | AU00000000016768 |
Includes bibliographical references (pages [337]-425) and index.
Markets in everything -- Friedman v. Keynes -- One nation, under employed -- Representation without taxation -- In corporations we trust -- Freedom from regulation -- The value of life -- Money, problems -- Made in Chile -- Paper fish -- Conclusion.
Tells the story of the conservative economists espousing free market and deregulatory policies during the four decades between 1969 and 2008. Leading figures such as Milton Friedman, Arthur Laffer, Walter Oi, Alfred Kahn, and Thomas Schelling believed that government should stop trying to manage the economy, and that markets would deliver steady growth and ensure that all Americans shared in the benefits. But, Applelbaum argues, these policies failed to deliver on their promise of broad prosperity, and the singleminded embrace of markets has come at the expense of economic equality, the health of liberal democracy, and future generations.