The Economists' Hour: False Prophets, Free Markets, and the Fracture of Society
  • The Economists' Hour: False Prophets, Free Markets, and the Fracture of Society
  • The Economists' Hour: False Prophets, Free Markets, and the Fracture of Society
ISBN: 031651232X
EAN13: 9780316512329
Language: English
Release Date: Sep 3, 2019
Pages: 448
Dimensions: 2" H x 9" L x 6" W
Weight: 1.737243 lbs.
Format: Hardcover
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Book Overview

A Wall Street Journal Bestseller
In this lively and entertaining (Liaquat Ahamed, The New Yorker) history of ideas and an unforgettable portrait of power, New York Times editorial writer Binyamin Appelbaum tells the story of the people who sparked four decades of economic revolution.

Before the 1960s, American politicians had never paid much attention to economists. But as the post-World War I boom began to sputter, economists gained influence and power.

In The Economists' Hour, Binyamin Appelbaum traces the rise of the economists, first in the United States and then around the globe, as their ideas reshaped the modern world, curbing government, unleashing corporations and hastening globalization.

Some leading figures are relatively well-known, such as Milton Friedman, the elfin libertarian who had a greater influence on American life than any other economist of his generation, and Arthur Laffer, who sketched a curve on a cocktail napkin that helped to make tax cuts a staple of conservative economic policy.

Others stayed out of the limelight, but left a lasting impact on modern life: Walter Oi, a blind economist who dictated to his wife and assistants some of the calculations that persuaded President Nixon to end military conscription; Alfred Kahn, who deregulated air travel and rejoiced in the crowded Read More chevron_right

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