eBook PDF / e-Pub Economism: Bad Economics and the Rise of Inequality

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Title:Economism: Bad Economics and the Rise of Inequality
Format Type:Ebook
Author:James Kwak
Publisher:Pantheon Books
ISBN:1101871199
ISBN 13:
Number of Pages:256
Category:Economics, Non fiction, Politics, Business, Audiobook

Economism: Bad Economics and the Rise of Inequality by James Kwak

PDF, EPUB, MOBI, TXT, DOC Economism: Bad Economics and the Rise of Inequality Here is a bracing deconstruction of the framework for understanding the world that is learned as gospel in Economics regardless of its imaginary assumptions and misleading half truths i Economism i an ideology that distorts the valid principles and tools of introductory college economics propagated by self styled experts zealous lobbyists clueless politicians and ignorant pundits In order to illuminate the fallacies of economism James Kwak first offers a primer on supply and demand market equilibrium and social welfare the underpinnings of most popular economic arguments Then he provides a historical account of how economism became a prevalent mode of thought in the United States focusing on the people who packaged Econ into sound bites that were then repeated until they took on the aura of truth He shows us how issues of moment in contemporary American society labor markets taxes finance health care and international trade among others are shaped by economism demonstrating in each case with clarity and elan how because of its failure to reflect the complexities of our world economism has had a deleterious influence on policies that affect hundreds of millions of Americans

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