Economic ideas are very much a product of their time and place. If we are to understand modern economics, we can do so only through an understanding of its past, including the powerful and vested interests that moulded the theories to their financial advantage. This is the message of this account.
Economic ideas are very much a product of their time and place. If we are to understand modern economics, we can do so only through an understanding o...
Why worship work and productivity if many of the goods we produce are superfluous - artificial 'needs' created by high-pressure advertising? Why begrudge expenditure on vital public works while ignoring waste and extravagance in the private sector of the economy? This title deals with these questions.
Why worship work and productivity if many of the goods we produce are superfluous - artificial 'needs' created by high-pressure advertising? Why begru...
The world has become increasingly separated into the haves and have-nots. In The Culture of Contentment, renowned economist John Kenneth Galbraith shows how a contented class--not the privileged few but the socially and economically advantaged majority--defend their comfortable status at a cost. Middle-class voting against regulation and increased taxation that would remedy pressing social ills has created a culture of immediate gratification, leading to complacency and hampering long-term progress. Only economic disaster, military action, or the eruption of an angry underclass seem...
The world has become increasingly separated into the haves and have-nots. In The Culture of Contentment, renowned economist John Kenneth Gal...
