The Economists' Hour: How the False Prophets of Free Markets Fractured Our Society by Binyamin Appelbaum, Binyamin Applebaum
English | September 3rd, 2019 | ISBN: 031651232X | 448 pages | EPUB | 0.70 MB
The Economists' Hour by Binyamin Appelbaum is the biography of a revolution: the story of how economists who believed in the power and the glory of free markets transformed the business of government, the conduct of business and, as a result, the patterns of everyday life. In the four decades between 1969 and 2008, these economists played a leading role in reshaping taxation and public spending and clearing the way for globalization. They reshaped the US government's approach to regulation, assigning a value to human life to determine which rules are worthwhile. Economists even convinced President Nixon to end military conscription.