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008 140410s2014 nyu 000 0 eng
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050 0 0 _aHC106.84
_b.M336 2014
084 _aBUS023000
_aPOL024000
_aBUS008000
_2bisacsh
100 1 _aMadrick, Jeffrey G
_915491
245 1 0 _aSeven bad ideas
_bhow mainstream economists have damaged America and the world
260 _aNew York
_bAlfred A Knopf
_c2014
263 _a1409
520 _a"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 by popular theory, and how the consequences are still being felt here and around the globe. And he examines the too-often-marginalized good ideas of modern economics, and convincingly argues just how beneficial they might be if only they can gain greater traction among policy makers"--
650 0 _aEconomics
_zUnited States.
_915492
650 0 _aFinancial crises
_zUnited States.
_915493
651 0 _aUnited States
_xEconomic conditions
_y2009-
_915497
651 0 _aUnited States
_xEconomic policy
_y2009-
_915498
906 _a7
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