Economics for the Rest of Us

Download or read book Economics for the Rest of Us written by Moshe Adler and published by The New Press. This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A lively and accessible debunking of the two elements that make economics the 'science' of the rich: the definition of what is efficient and the theory of how wages are determined. The first is used to justify the cruellest policies, the second to justify grand larceny. Filled with lively examples, from food riots in Indonesia to eminent domains in Connecticut, Adler's book shows how today's dominant economic theories evolved, how they explicitly favour the rich over the poor and why they're not the only or best options.