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Economists and the Powerful

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This book explores the workings of the modern global economy – in which competition is imperfect and influence of power is ubiquitous – and reveals the vast difference between the true workings of ...
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  • 01 October 2012
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“Economists and the Powerful: Convenient Theories, Distorted Facts, Ample Rewards” explores the workings of the modern global economy – an economy in which competition has been corrupted and power has a ubiquitous influence upon economic behavior. Based on empirical and theoretical studies by distinguished economists from both the past and present day, this book argues that the true workings of capitalism are very different from the popular myths voiced in mainstream economics. Offering a closer look at the history of economic doctrines – as well as how economists are incentivized – “Economists and the Powerful” exposes how, when and why the theme of power was erased from the radar screens of mainstream economic analysis – and the influence this subversive removal has had upon the modern financial world.

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Price: £70.00
Publisher: Anthem Press
Imprint: Anthem Press
Publication Date: 01 October 2012
Trim Size: 8.50 X 5.50 in
ISBN: 9780857285461
Format: Hardcover
BISACs:

BUSINESS & ECONOMICS / Economics / Theory, Economic theory and philosophy, BUSINESS & ECONOMICS / Economics / Macroeconomics, BUSINESS & ECONOMICS / International / Economics & Trade

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“I strongly recommend this book. It is exactly what is needed as supplementary (but required!) reading in introductory economics courses everywhere.” —John Weeks, “Science and Society”

Introduction; Chapter 1. The Economics of the Powerful; Chapter 2. Money is Power; Chapter 3. The Power of the Corporate Elite; Chapter 4. Market Power; Chapter 5. Power at Work; Chapter 6. The Power to Set the Rules of the Game; Afterword; References; Index