The Economists' Hour: The Rise of a Discipline, the Failures of Globalization, and the Road to Nationalism
Publisher: Little, Brown and Company
Published: 2019
Language: eng
Number of pages: 439
ISBN-13: 9780316512329
Description: Tells the story of the conservative economists espousing free market and deregulatory policies during the four decades between 1969 and 2008. Leading figures such as Milton Friedman, Arthur Laffer, Walter Oi, Alfred Kahn, and Thomas Schelling believed that government should stop trying to manage the economy, and that markets would deliver steady growth and ensure that all Americans shared in the benefits. But, Applelbaum argues, these policies failed to deliver on their promise of broad prosperity, and the singleminded embrace of markets has come at the expense of economic equality, the health of liberal democracy, and future generations.