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Railroading Economics The Creation of the Free Market Mythology

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ISBN-10: 1583671358

ISBN-13: 9781583671351

Edition: 2006 (Annotated)

Authors: Michael Perelman

List price: $22.00
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Description:

Most economic theory assumes a pure capitalism of perfect competition. This book is a penetrating critique of the rhetoric and practice of conventional economic theory. It explores how even in the United States-the most capitalist of countries-the market has always been subject to numerous constraints. Perelman examines the way in which these constraints have been defended by such figures as Henry Ford, J. P. Morgan, and Herbert Hoover, and were indeed essential to the expansion of U.S. capitalism. In the process, he rediscovers the critical element in conservative thought-the forgotten traditions of railroad economics-that has been lost in the neoliberal present. This important and…    
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Book details

List price: $22.00
Copyright year: 2006
Publisher: Monthly Review Press
Publication date: 6/1/2006
Binding: Paperback
Pages: 224
Size: 6.00" wide x 9.00" long x 0.66" tall
Weight: 0.748
Language: English

Michael Perelman is professor of economics at California State University at Chico, and the author of numerous books, including Steal This Idea and Railroading Economics.