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Economists and the powerful : convenient theories, distorted facts, ample rewards

Author: Norbert Häring; Niall Douglas
Publisher: London ; New York : Anthem Press, 2012.
Series: The Anthem Other Canon series
Edition/Format:   Print book : EnglishView all editions and formats
Database:WorldCat
Summary:
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  Read more...
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Genre/Form: History
Document Type: Book
All Authors / Contributors: Norbert Häring; Niall Douglas
ISBN: 9780857285461 0857285467 9780857284594 0857284592 9780857285423 0857285424 9780857289179 0857289179 9780857289193 0857289195
OCLC Number: 768792943
Description: xiii, 246 p. ; 23 cm.
Contents: Introduction --
The economics of the powerful --
Money is power --
The power of the corporate elite --
Market power --
Power at work --
The power to set the rules of the game --
Afterword --
References.
Series Title: The Anthem Other Canon series
Responsibility: Norbert Häring and Niall Douglas.

Abstract:

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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