Economism bad economics and the rise of inequality
"For generations, we've been told that there's a simple framework that can explain the mysteries of how the economy can create optimal outcomes for us all. What James Kwak shows us is that this set of ideas--what he calls 'economism'--is magical thinking; it's certainly not grounded in science and e...
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| Main Author: | |
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| Format: | Books Print Book |
| Language: | English |
| Published: |
New York :
Pantheon Books,
[2017]
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| Edition: | First edition. |
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Table of Contents:
- The best of all possible worlds. The key to all things ; Economism and economics ; Ideas in the world
- The magic of the marketplace
- The long march of economism. Ideas and interests ; Creators ; Industrialists ; Promoters ; Politicians
- You get what you deserve. The problem with a price floor ; In the real world ; The view from the top ; Pay = productivity ; How the rich get that way
- Incentives are everything. Deadweight triangles ; The antitax chorus ; Tax cuts for job creators ; Savings, labor, and growth ; The price of civilization
- The consumer knows best. Too much free stuff ; Consumer-driven utopia ; Bad choices ; Broken market ; The forgotten alternative
- Capital unbound. Supply, demand, and capital ; Innovation unbound ; Toxic mortgages ; Toxic banks ; Economism unbowed
- It's a small world after all. Oranges and bananas ; Winners and losers ; The real impact of trade ; Bait and switch
- The best possible world--for whom?. Cui bono? ; Where are we going? ; Beyond economism?
