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|Additional Physical Format:||Print version:
Weeks, John F.
Economics of the 1% : How Mainstream Economics Serves the Rich, Obscures Reality and Distorts Policy.
London : Anthem Press, ©2014
|Material Type:||Document, Internet resource|
|Document Type:||Internet Resource, Computer File|
|All Authors / Contributors:||
|ISBN:||9780857281159 0857281151 9780857281173 0857281178|
|Notes:||Title from publishers bibliographic system (viewed on 11 Apr 2014).|
|Description:||1 online resource.|
|Contents:||Economics of the 1%_9780857281081; Title; Copyright; CONTENTS; Preface DR BOB'S THIRD LAW; Further Reading; Web addresses for progressive economists; Introduction ECONOMIC IGNORANCE; Further Reading; Chapter 1 FAKECONOMICS AND ECONOMICS; Idolatry of Competition; Teflon Pseudoscience; How Real Markets Operate; Where Econfakers Dwell; Fakeconomics and Economics: Name and Shame; Further Reading; Price discrimination; Nonsense-free economics; The nonsense itself (approach with great care); Chapter 2 MARKET WORSHIP; What Is Competition?; Why Markets Go Bad; The "Labor Market." Workers Cause Their Unemployment?Further Reading; How markets work; Chapter 3 FINANCE AND CRIMINALITY; Why a Financial Sector?; Cost of the Financial Crisis; Financial Markets: Folks like You and Me; Further Reading; For the technical stuff simply presented; Chapter 4 SELLING MARKET MYTHS; Designing Deception; Resources Are Scarce; The Supply and Demand Scam; Resources Abundant, Wants Limited; Nonsense of Consumer "Choice"; Further Reading; Chapter 5 RICHES, "SOVEREIGNTY "AND" FREE TRADE"; Even You Can Be Rich; Consumer Is Sovereign; Everyone Gains from Free Trade; Trivia pursuit. Further ReadingFor an impressively shallow defense of free trade; A balanced treatment of the World Trade Organization; The real economics of trade; The Chang-Bhagwati debate on trade and manufacturing; Chapter 6 LIES ABOUT GOVERNMENT; Government Is a Burden; Wasting Money on Social(ist) Spending; Markets and Governments; Further Reading; Chapter 7 DEFICIT DISORDERS AND DEBT DELIRIUM; Peddling Nonsense; Public and Private: Debts and Deficits; Calculating Public Deficits; US GDP and public finances, 2005-2010 (billions of dollars and percentages); Calculating Public Debt. US public debt, end of 2010Interest payments on public debt, percentage of GDP, 2010; Further Reading; Chapter 8 GOVERNMENTS CAUSE INFLATION?; Fears of Inflation; What Is Money?; Too Much Money Causes Inflation?; What Is Inflation?; Why Do Prices Go Up?; Inflation Fears: A Class Act; Chapter 9 INSTITUTIONALIZED MISERY: AUSTERITY IN PRACTICE; Balanced Budget Ideology; Deficit Disorder in the Land of the Free; Fear and Financial Market Loathing in the UK; Great Euro Scam; 99% in Thrall to the 1%; Chapter 10 ECONOMICS OF THE 99%; Wealth Accumulates and Democracy Decays.|
|Series Title:||Anthem other canon economics.|