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The economists' hour : false prophets, free markets, and the fracture of society / Binyamin Appelbaum
Bib ID 8071498
Format BookBook [text, volume]
Author
Appelbaum, Binyamin, author
 
Edition First edition. 
Description New York : Little, Brown and Company, 2019 
©2019 
439 pages, 8 unnumbered pages of plates : illustrations (some color) ; 25 cm 
ISBN 9780316512329 ((hardcover))
031651232X ((hardcover))
Summary

Tells the story of the conservative economists espousing free market and deregulatory policies during the four decades between 1969 and 2008. Leading figures such as Milton Friedman, Arthur Laffer, Walter Oi, Alfred Kahn, and Thomas Schelling believed that government should stop trying to manage the economy, and that markets would deliver steady growth and ensure that all Americans shared in the benefits. But, Applelbaum argues, these policies failed to deliver on their promise of broad prosperity, and the singleminded embrace of markets has come at the expense of economic equality, the health of liberal democracy, and future generations.

Notes

Includes bibliographical references (p. 337-425) and index.

Subjects Economic history -- 20th century.  |  Economics -- United States -- 20th century -- History.  |  Economists -- United States.

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