As entertaining as it is thought provoking (Publishers Weekly), Economics for the Rest of Us shows how todays dominant economic theories evolved, how they explicitly favor the rich over the poor, and why theyre not the onlyor bestoptions.
At a time when growing numbers of people are deeply anxious about the workings of our economyand when our very future as a society is up for grabseconomist Moshe Adler offers a lively and accessible debunking of two elements that make economics the science of the rich: the definition of what is efficient and the theory of how wages are determined. Filled with lively examples, from food riots in Indonesia to the eminent domain in Connecticut and everyone from Adam Smith to Jeremy Bentham to Larry Summers, here is a bold and important book that offers a foundation for a fundamentally more just economic system.
At a time when growing numbers of people are deeply anxious about the workings of our economyand when our very future as a society is up for grabseconomist Moshe Adler offers a lively and accessible debunking of two elements that make economics the science of the rich: the definition of what is efficient and the theory of how wages are determined. Filled with lively examples, from food riots in Indonesia to the eminent domain in Connecticut and everyone from Adam Smith to Jeremy Bentham to Larry Summers, here is a bold and important book that offers a foundation for a fundamentally more just economic system.
