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Railroading Economics: The Creation of the Free Market Mythology
Michael Perelman
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Description for Railroading Economics: The Creation of the Free Market Mythology
Paperback. 384 pages. The Creation of the Free Market Mythology. Develops a critique of capitalism which is all the more effective because it takes seriously the economic theorists who articulated its central ideas in their full historical context. BIC Classification: JP. Dimension: 227 x 151 x 17. Weight: 342.
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 ... Read more
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 ... Read more
Product Details
Publisher
Monthly Review Press,U.S.
Number of pages
384
Format
Paperback
Publication date
2006
Condition
New
Number of Pages
238
Place of Publication
New York, United States
ISBN
9781583671351
SKU
V9781583671351
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-2
About Michael Perelman
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.
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