Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
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

Adler, Moshe

Paperback

EconomicsSocial Movements

ISBN10: 1595586415
ISBN13: 9781595586414
Publisher: New Press
Published: Apr 5 2011
Pages: 240
Weight: 0.55
Height: 0.70 Width: 5.40 Depth: 7.20
Language: English
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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