Economists and the Powerful: Convenient Theories, Distorted Facts, Ample Rewards explores the workings of the modern global economy an economy in which competition has been corrupted and power has a ubiquitous influence upon economic behavior. Based on an array of empirical and theoretical studies by a series of distinguished economists, this book reveals a stark and unpleasant truth: that the true workings of capitalism are very different from the popular myths that mainstream economics would have us believe.

By connecting the dots and coloring the resulting picture with real life...

Economists and the Powerful: Convenient Theories, Distorted Facts, Ample Rewards explores the workings of the modern global economy an economy in which competition has been corrupted and power has a ubiquitous influence upon economic behavior. Based on an array of empirical and theoretical studies by a series of distinguished economists, this book reveals a stark and unpleasant truth: that the true workings of capitalism are very different from the popular myths that mainstream economics would have us believe.

By connecting the dots and coloring the resulting picture with real life...