- Title:
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The Economists' Hour
- Written by:
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Binyamin Appelbaum
- Read by:
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Dan Bittner
- Format:
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Unabridged CD Audio Book
- Number of CDs:
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11
- Duration:
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13 hours 18 minutes
- Published:
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February 01 2020
- Available Date:
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February 01 2020
- Age Category:
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Adult
- ISBN:
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9781529030006
- Genres:
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Non-fiction; Business; Politics & Current Affairs
- Publisher:
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Bolinda/Macmillan audio
Qty
Format
Price
Bolinda price
After decades of pervasive influence over government policy, economists have done much to create the world in which we live. And yet, how well do they actually understand human behaviour? As the Western world turns against ‘experts’, has their time come to an end?
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.
But the economists’ hour failed to deliver on its premise. 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.
Accessible and authoritative, exploring the impact of both ideas and individuals, Binyamin Appelbaum’s The Economists’ Hour provides both a reckoning with the past and a call fora different future.
'This thoroughly researched, comprehensive, and critical account of the economic philosophies that have reigned for the past half century powerfully indicts them.'
Publishers Weekly, starred