Are the Rich Necessary? Great Economic Arguments and How They Reflect Our Personal Values

ISBN-10: 1604190167

ISBN-13: 9781604190168

Edition: 2009 (Revised)

Authors: Hunter Lewis

List price: $16.00
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Book details

List price: $16.00
Copyright year: 2009
Publisher: Axios Press
Publication date: 10/16/2009
Binding: Paperback
Pages: 413
Size: 5.00" wide x 8.25" long x 1.25" tall
Weight: 0.990
Language: English

A Note on This Edition
The Central Economic Problem
Why Are We Still So Poor?
The Appeal of Science
Economic Arguments
The Rich
Are the Rich Necessary?-No
Are the Rich Necessary?-Yes
The Rich in a Democracy
Are the Rich Compatible with Democracy?-No
Are the Rich Compatible with Democracy?-yes
Profit-making
Are Private Profits Necessary?-No
Are Private Profits Necessary?-Yes
Are Private Profits Necessary?-No/Yes
Glaring Inequality
Are There Alternatives to the Profit System?-yes/No
Should We Accept This Degree of Inequality?-No/Yes
Greed
Does the Profit System Glorify Greed?-Yes
Does the Profit System Glorify Greed?-Yes, and a Good Thing
Does the Profit System Glorify Greed?-No
Government
Can Government Protect Us from the Excesses of the Profit System?-Yes
Can Government Protect Us from the Excesses of the Profit System?-No
Profit-making and Depressions
Does the Profit System Cause Depressions?-Yes/No
Central Banks
Can Central Banks Protect Us from Depressions and Lead the Economy?-Yes
Can Central Banks Protect Us from Depressions and Lead the Economy?-No
The Global Profit System
Does Global Free Trade Destroy Jobs?-Yes
Does Global Free Trade Destroy Jobs?-No
Four Economic Value Systems
Competing Economic Value Systems
Reconciling Opposing Viewpoints
Expanding the Nonprofit Sector
Appendices
What Is a "Fair" Price?
What Exactly Are Profits?
What Makes Prices Unstable?
The "Austrian" Theory of Economic Instability
Did the US Congress Trigger the Stock Market Bubble of the Late 1990s?
Other (Non-monetary) Theories of the Business Cycle
The US Federal Reserve System
Global Monetary Systems and Institutions
Summary Outline of Are the Rich Necessary?
Notes
Index
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