The Economists' Hour: False Prophets, Free Markets, and the Fracture of Society

by Binyamin Appelbaum

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The story of the economists who championed the rise of free markets and fundamentally reshaped the modern world.

As the post-World War II economic boom began to falter in the late 1960s, a new breed of economists gained in influence and power. Over time, their ideas curbed governments, unleashed corporations and hastened globalization.

Their fundamental belief? That governments should stop trying to manage the economy.

Their guiding principle? That markets would deliver steady growth and broad prosperity.

But the economists' hour failed to deliver on its premise. The single-minded embrace of markets has come at the expense of economic equality, of the health...

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  • ISBN10 031651232X
  • ISBN13 9780316512329
  • Publish Date 3 September 2019
  • Publish Status Out of Stock
  • Publish Country US
  • Imprint Little Brown and Company
  • Format Hardcover
  • Pages 448
  • Language English