From the old, but still essential, The Age of Uncertainty by John Kenneth Galbraith. The myth of consumer sovereignty, created by Paul Samuelson, unmasked and the fact that mainstream economics (as all economic education) is there to protect Big Corporations made clear by Galbraith.
Subscribe to:
Post Comments (Atom)
-
By Sergio Cesaratto (Guest Blogger) “The fact that individual countries no longer have their own currencies and central banks will put n...
-
"Where is Everybody?" The blog will continue here for announcements, messages and links to more substantive pieces. But those will... -
There are Gold Bugs and there are Bitcoin Bugs. They all oppose fiat money (hate the Fed and other monetary authorities) and follow some s...
"The Age of Uncertainty" is the antidote to "Free to Choose". Would you recommend Richard Parker's "John Kenneth Galbraith : his life, his politics, his economics"
ReplyDeleteOn a related note, here's another reason I am ambivalent towards Krugman: http://www.pkarchive.org/cranks/GalbraithGoodSociety.html