Seven Bad Ideas

✍ Scribed by Madrick, Jeff

• Book ID: 109150282
• Publisher: Knopf Doubleday Publishing Group
• Year: 2014
• Tongue: en-US
• Weight: 279 KB
• Category: Fiction
• ISBN-13: 9780307961181

✦ Synopsis

The author of the widely praised Age of Greed now gives us a bold indictment of some of our most accepted economic theories-why they're wrong, the harm they've done, and the theories that would vastly improve on them.

Jeff Madrick-former New York Times business columnist and now Harper's economics columnist-mounts a comprehensive case against prevailing mainstream economic thinking, illustrating how it has damaged markets, infrastructure, and individual livelihoods, causing hundreds of billions of dollars of wasted investment; financial crisis after financial crisis; poor public education and public transportation; gross inequality of income and wealth, and stagnating wages; uncontrolled military spending; and a failed healthcare system that delivers far less than it costs. Using the Great Recession as his foremost case study, Madrick shows how the decisions America should have made before, during, and after the financial crisis were suppressed...