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Thirteen persistent economic fallacies
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Thirteen persistent economic fallacies

Author: E J Mishan
Publisher: Westport, Conn. : Praeger, 2009.
Edition/Format:   Book : EnglishView all editions and formats
Summary:

Examines commonly held beliefs about the economy and how it works. This title intends to smash staunchly held beliefs that the free trade and common markets are good for the economy, and that the  Read more...

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Additional Physical Format: Online version:
Mishan, E. J. (Edward J.), 1917-
Thirteen persistent economic fallacies.
Westport, Conn. : Praeger, 2009
(OCoLC)615604338
Document Type: Book
All Authors / Contributors: E J Mishan
ISBN: 9780313366055 0313366055
OCLC Number: 261176790
Notes: Sequel to the author's 21 popular economic fallacies.
Description: xxiv, 102 p. ; 25 cm.
Contents: Fallacy 1: U.S. goods cannot compete effectively with those produced by cheap labor in countries such as China --
Fallacy 2: Immigrant labor confers economic benefits on the host country --
Fallacy 3: Globalization acts to raise living standards in the West --
Fallacy 4: Countries forming a common market reap economic benefits --
Fallacy 5: Rent controls are necessary during a housing shortage --
Fallacy 6: The fact that women's earnings are significantly below those of men is evidence of discrimination --
Fallacy 7: A reduction in building costs will reduce house prices --
Fallacy 8: Jobs are lost when a factory or business closes down, and vice versa --
Fallacy 9: A competitive private enterprise economy tends to produce economic efficiency --
Fallacy 10: A subsidy to university education is justified since it promotes equality of opportunity and confers benefits on society as a whole --
Fallacy 11: The national debt is a burden on future generations --
Fallacy 12: Inflation is caused by an excessive increase in the supply of money --
Fallacy 13: The rate of economic growth over time is a good index of the growth of people's satisfaction.
Other Titles: 13 persistent economic fallacies
Responsibility: E.J. Mishan.

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