The Tyranny of the Market: Why You Can't Always Get What You Want
This is a book for all the people out there who sit down and flip through hundreds of channels but never seem to find something they like.  In it Joel Waldfogel, one of America's most interesting economists, shows exactly how many people in the marketplace end up stranded, unable to get what they want.  It's a provocative statement on why free markets don't necessarily make everyone better off. (Austan Goolsbee, The University of Chicago Graduate School of Business)The Tyranny of the Marketconveys an exciting debate focusing on whether "the market gets it right," allowing each type of consumer to achieve his own goals through participating in markets. An important book. (Matthew Kahn, University of California, Los Angeles)The Tyranny of the Marketpresents a fascinating account of why the market fails to satisfy preference minorities. (Fiona Scott Morton, Yale School of Management)Joel Waldfogel takes up the mythology of the market responding to our wants and desires, and shows how it often leaves out many people who are unable to get very much of what they want...This book could be very persuasive to those who will not listen to voices that have an explicitly progressive agenda. (Tikkun2007-11-01)