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Railroading Economics : The Creation of the Free Market Mythology
by Michael Perelman




Overview -
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 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.

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More About Railroading Economics by Michael Perelman

 
 
 

Overview

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 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.


This item is Non-Returnable.

 

Details

  • ISBN-13: 9781583671351
  • ISBN-10: 1583671358
  • Publisher: Monthly Review Press
  • Publish Date: June 2006
  • Page Count: 224
  • Dimensions: 8.96 x 6.06 x 0.66 inches
  • Shipping Weight: 0.74 pounds


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