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The economists' hour : how the false prophets of free markets fractured our society

Appelbaum, Binyamin2020
Book
As the post-World War II economic boom began to falter in the late 1960s, a new breed of economists gained in influence and power. Over time, their ideas curbed governments, unleashed corporations and hastened globalisation. Their fundamental belief? That governments should stop trying to manage the economy. Their guiding principle? That markets would deliver steady growth and broad prosperity. The single-minded embrace of markets has come at the expense of economic equality, of the health of liberal democracy, and of future generations. Across the world, from both right and left, the assumptions of the once-dominant school of free-market economic thought are being challenged, as we count the costs as well as the gains of its influence. Exploring the impact of both ideas and individuals, this book provides both a reckoning with the past and a call for a different future.
Author:
Imprint:
London : Picador, 2020.
Collation:
448 pages ; 24 cm
ISBN:
9781509879137 (hbk)
Dewey class:
330'.0922330.0922
LC class:
HB87
Language:
English
BRN:
345890
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