Railroading Economics: The Creation of the Free Market Mythology
Editorial Reviews
Book Description
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 neoliberals present. This important and original historical reconstruction points the way to a discipline of economics freed from the mythology of the market.
--This text refers to the
Hardcover
edition.
About the Author
MICHAEL PERELMAN is professor of economics at California State University at Chico, and the author of fifteen books, including Steal This Idea: Intellectual Property Rights and the Corporate Confiscation of Creativity and The Perverse Economy: The Impact of Markets on People and the Environment.
--This text refers to the
Hardcover
edition.
Railroading Economics: The Creation of the Free Market Mythology,Michael Perelman,Monthly Review Press,1583671358,Business & Economics,Business / Economics / Finance,Business/Economics,Economic history,Economics,Economics - General,Free Enterprise,General,History
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