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Economics for the Rest of Us: Debunking the Science That Makes Life Dismal

Economics for the Rest of Us: Debunking the Science That Makes Life Dismal

          
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About the Book

"Vivid case studies . . . Adler's frustration with wrongheaded economic thinking is as entertaining as it is thought provoking." -Publishers Weekly

Why do so many 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.

"Brilliant." -David Cay Johnston, Pulitzer Prize-winning and New York Times-bestselling author of It's Even Worse Than You Think


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Product Details
  • ISBN-13: 9781595586414
  • Publisher: New Press
  • Publisher Imprint: New Press
  • Depth: 19
  • Language: English
  • Returnable: Y
  • Spine Width: 18 mm
  • Weight: 249 gr
  • ISBN-10: 1595586415
  • Publisher Date: 05 Apr 2011
  • Binding: Paperback
  • Height: 183 mm
  • No of Pages: 240
  • Series Title: English
  • Sub Title: Debunking the Science That Makes Life Dismal
  • Width: 137 mm


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