The Economists' Hour: False Prophets, Free Markets, and the Fracture of Society

Appelbaum, Binyamin

ISBN 10: 031651232X ISBN 13: 9780316512329
Editorial: Little, Brown and Company, 2019
Usado Encuadernación de tapa dura

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Descripción:

Item in very good condition! Textbooks may not include supplemental items i.e. CDs, access codes etc. N° de ref. del artículo 00088514460

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Sinopsis:

In this "lively and entertaining" history of ideas (Liaquat Ahamed, The New Yorker), New York Times editorial writer Binyamin Appelbaum tells the story of the people who sparked four decades of economic revolution.

Before the 1960s, American politicians had never paid much attention to economists. But as the post-World War II boom began to sputter, economists gained influence and power.

In The Economists' Hour, Binyamin Appelbaum traces the rise of the economists, first in the United States and then around the globe, as their ideas reshaped the modern world, curbing government, unleashing corporations and hastening globalization.

Some leading figures are relatively well-known, such as Milton Friedman, the elfin libertarian who had a greater influence on American life than any other economist of his generation, and Arthur Laffer, who sketched a curve on a cocktail napkin that helped to make tax cuts a staple of conservative economic policy.

Others stayed out of the limelight, but left a lasting impact on modern life: Walter Oi, a blind economist who dictated to his wife and assistants some of the calculations that persuaded President Nixon to end military conscription; Alfred Kahn, who deregulated air travel and rejoiced in the crowded cabins on commercial flights as the proof of his success; and Thomas Schelling, who put a dollar value on human life.

Their fundamental belief? That government should stop trying to manage the economy.
Their guiding principle? That markets would deliver steady growth, and ensure that all Americans shared in the benefits.

But the Economists' Hour failed to deliver on its promise of broad prosperity. And the single-minded embrace of markets has come at the expense of economic equality, the health of liberal democracy, and future generations.

Timely, engaging and expertly researched, The Economists' Hour is a reckoning -- and a call for people to rewrite the rules of the market.

A Wall Street Journal Business Bestseller
Winner of the Porchlight Business Book Award in Narrative & Biography

Acerca del autor:

Binyamin Appelbaum writes about economics and business for the editorial page of The New York Times. From 2010 to 2019, he was a Washington correspondent for the Times, covering economic policy in the aftermath of the 2008 crisis. He previously worked for The Charlotte Observer, where his reporting on subprime lending won a George Polk Award and was a finalist for the 2008 Pulitzer Prize.

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Detalles bibliográficos

Título: The Economists' Hour: False Prophets, Free ...
Editorial: Little, Brown and Company
Año de publicación: 2019
Encuadernación: Encuadernación de tapa dura
Condición: Very Good

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