The Profit doctrine : economists of the neoliberal era / Robert Chernomas and Ian Hudson

By:

Chernomas, Robert

Contributor(s):

Hudson, Ian

Material type: Text

TextPublication details: London : Pluto Press, 2017Description: xi, 225p. ; 22cmISBN:

9780745335858

Subject(s):

DDC classification:

330.122 CHE 22

Summary: After the late 1970s, the ideas of influential economists have justified policies that have made the world more prone to economic crisis, remarkably less equal, more polluted and less secure than it might be. How could ideas and policies that proved to be such an abject failure come to dominate the economic landscape? By critically examining the work of the most famous economists of the neoliberal period including Alan Greenspan, Joseph Stiglitz and Paul Krugman, the authors demonstrate that many of those who rose to prominence did so primarily because of their defence of, and contribution to, rising corporate profits and not their ability to predict or explain economic events. It exposes the uses and abuses of mainstream economic canons, identify those responsible and reaffirm the primacy of political economy.

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Book	Calcutta	330.122 CHE (Browse shelf(Opens below))	Available		IIMC-0145800

Total holds: 0

After the late 1970s, the ideas of influential economists have justified policies that have made the world more prone to economic crisis, remarkably less equal, more polluted and less secure than it might be. How could ideas and policies that proved to be such an abject failure come to dominate the economic landscape? By critically examining the work of the most famous economists of the neoliberal period including Alan Greenspan, Joseph Stiglitz and Paul Krugman, the authors demonstrate that many of those who rose to prominence did so primarily because of their defence of, and contribution to, rising corporate profits and not their ability to predict or explain economic events. It exposes the uses and abuses of mainstream economic canons, identify those responsible and reaffirm the primacy of political economy.

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