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Railroading Economics - The Creation of the Free Market Mythology (Hardcover) Loot Price: R2,256
Discovery Miles 22 560
Railroading Economics - The Creation of the Free Market Mythology (Hardcover): Michael Perelman

Railroading Economics - The Creation of the Free Market Mythology (Hardcover)

Michael Perelman

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Loot Price R2,256 Discovery Miles 22 560 | Repayment Terms: R211 pm x 12*

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Most economic theory assumes a pure capitalism of perfect competition. This book is a penetrating critique of the rhetoric and practice of conventional economic theory. It explores how even in the United States--the most capitalist of countries--the market has always been subject to numerous constraints.

Perelman examines the way in which these constraints have been defended by such figures as Henry Ford, J. P. Morgan, and Herbert Hoover, and were indeed essential to the expansion of U.S. capitalism. In the process, he rediscovers the critical element in conservative thought--the "forgotten traditions of railroad economics"--that has been lost in the neoliberal present. This important and original historical reconstruction points the way to a discipline of economics freed from the mythology of the market.

General

Imprint: Monthly Review Press,U.S.
Country of origin: United States
Release date: June 2006
First published: June 2006
Authors: Michael Perelman
Dimensions: 231 x 155 x 23mm (L x W x T)
Format: Hardcover - Sewn / Cloth over boards
Pages: 224
ISBN-13: 978-1-58367-136-8
Categories: Books
LSN: 1-58367-136-6
Barcode: 9781583671368

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