18 of 20 people found the following review helpful
Makes you feel you were sane and the world is mad!!,
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This review is from: 23 Things They Don't Tell You About Capitalism (Paperback)
A South Korean economics academic working in Cambridge has written this very useful book that arms you for arguments you may have with yourself (!) or friends about how economics actually works. He has the intellectual self confidence (teaching at Cambridge) and the independence of mind (an Asian living in Europe) to be more objective about economics than anything else I can think of. We are all blinkered in our outlook, but he is far less so. This book explodes many right wing ideological myths that have become accepted.
Let's face it, a lot of gunk we hear from people objecting to capitalism is even more nonsensical than the self-serving quasi-religious beliefs in the free market you get from people "earning" (well more accurately "being paid") hundreds of thousands a year for moderate work.
We need academics who can think independently and objectively, and explain their work. This book does just that.
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Initial post: 3 May 2012 14:26:20 BDT
Rob Julian says:
John Maynard Keynes made a very interesting radio broadcast on the subject of free trade and protectionism called; "Pros and Cons of Tariffs". Back then tariffs were a big issue, and what Keynes had to say was characteristically insightful. If you are interested in reading most of this 1932 BBC broadcast, (approx 1000 words) please follow this link and find it written in my Amazon book review.Competition Friendly Protectionism - How a Certain Kind of Protectionism Could Temper and Improve Globalisation
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