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Mason Gaffney

The Corruption of Economics

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Condemning the post-industrial economy to protracted periods of economic failure, this thought-provoking book documents how the integrity of economics as a discipline was deliberately compromised in the United States towards the end of the 19th century. Several chairs of economics were funded at leading universities to rebrand economics to justify unearned income. The tools for this strategy became neo-classical economics, and, unlike classical economists like Adam Smith who described wealth as the product of three factors--land, labor, and capital--the new theorists reduced these to two: labor and capital, thus treating land as capital. This… Mehr

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Produktdetails


Weitere Autoren: Harrison, Fred
  • ISBN: 978-0-85683-244-4
  • EAN: 9780856832444
  • Produktnummer: 2625012
  • Verlag: Shepheard Walwyn
  • Sprache: Englisch
  • Erscheinungsjahr: 2007
  • Seitenangabe: 271 S.
  • Masse: H21.1 cm x B14.6 cm x D2.2 cm 378 g
  • Gewicht: 378

Über den Autor


Mason Gaffney is professor of economics at the University of California (Riverside). He is a foremost authority on the economics of natural resources and has published extensively on urban economics and public finance. Fred Harrison is Research Director of Land Research Trust, London. After a career as a Fleet Street investigative journalist, he was advisor to a number of Russian academic and political bodies, including the Duma (parliament), in their efforts to implement a more equitable transition to a market economy. Recently he has turned his attention to the failure of economic analysis and public policies in the market economies.

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