The End of Economic Man: Principles of Any Future Economics

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W. W. Norton & Company, 1995 - 333 páginas
This book challenges the traditional "law" of supply and demand, shows how hunger for capital gains starves the producing economy, demonstrates that the Bankers' COLA (or interest premium to "protect" them from inflation) costs the economy more than $500 billion a year and is the principal cause of inflation, refutes the barbarous hypothesis of a "natural rate of unemployment," exposes laughable inconsistencies in the contemporaneous notion of labor productivity, and explains the changes in the meanings of property and of money that are ushering in the twenty-first century. All the foregoing (and more) is in the interest of establishing an economics in which men and women are not pawns moved about by Adam Smith's invisible hand (or perhaps by some analog to classical mechanics or zoology) but free human beings who are responsible for their actions and can find therein foundations of mores, morals, and morale.

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Contenido

Saving and Investing
9
The Three Antinomies of Greed
15
Why Physics Is Value Free
29
The Distinguishing Idea of Economics
41
The Law of Supply and Demand Works
67
Where It All Begins
81
Why a Bull Market Is a Disaster
122
The Labor Theory of Right
135
The Bankers Classic COLA
200
A Repulsive Fallacy
219
How the Multinationals
229
On Being Fully Human
256
On Perfect Competition
267
On Utility
275
On the Margin
283
On Economies of Scale
297

Why Micro and Macro Dont Always Mix
157
A Seductive Fallacy
165
And the Parable of the Talents
174
On Mercantilism
314
Derechos de autor

Términos y frases comunes

Acerca del autor (1995)

George P. Brockway writes a monthly column, "The Dismal Science," for the New Leader.

Información bibliográfica