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End of economics

By: Material type: TextTextPublication details: London; Routledge; 1996Description: 204 pISBN:
  • 9780415137379
Subject(s): DDC classification:
  • 330 PER
Summary: Most economic theory assumes a pure capitalism of perfect competition. Even when perfect competition does not exist, many politicians and captains of industry pay a great deal of lip service to the idea of the market, while doing all they can to protect business from market forces. This book goes beyond this rhetoric to explore how, even in the United States - the most capitalist of all countries the market has always been subjected to numerous constraints. Further, in the opinion of many figures from the right, these ameliorating factors have been a very good thing. As well as discussing the opinions of economists, the book looks at the opinions and practices of such figures as Henry Ford, J. P. Morgan, and Herbert Hoover.
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Item type Current library Call number Status Date due Barcode Item holds
Books Books Gandhi Smriti Library 330 PER (Browse shelf(Opens below)) Available 80389
Total holds: 0

Most economic theory assumes a pure capitalism of perfect competition. Even when perfect competition does not exist, many politicians and captains of industry pay a great deal of lip service to the idea of the market, while doing all they can to protect business from market forces. This book goes beyond this rhetoric to explore how, even in the United States - the most capitalist of all countries the market has always been subjected to numerous constraints. Further, in the opinion of many figures from the right, these ameliorating factors have been a very good thing. As well as discussing the opinions of economists, the book looks at the opinions and practices of such figures as Henry Ford, J. P. Morgan, and Herbert Hoover.

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