15 of 18 people found the following review helpful
free market economics,
This review is from: Economics in One Lesson (Paperback)If you want a simple book about right wing - free market economics this is the book. It's written in a simple manner that even I with no economic background can understand. Specifically the book adovacates less government, less tax and less bureacracy.
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Initial post: 17 Jan 2010 01:16:14 GMT
The Kid Salami says:
I really must object to you describing this book as "right wing". This book is not a political doctrine, it simply IS economics - like it or not - as distinct from the claptrap that is taught in universities and spouted by politicians of either side of the spectrum. Whether a political group agree or don't, or choose to use it or fight it, doesn't alter this fact.
In reply to an earlier post on 1 Oct 2011 22:59:31 BDT
B. O'CONNELL says:
Economics is a social science and there are very definitely different and at times contradictory schools of thought in economics. To suggest that one school simply "is" economics is a little disingenuous. I personally tend attribute greater credence to what is often considered right wing economics, but I wouldn't dare to suggest that's the be all and end all of the matter. Arguably one of the greatest recent failings of economics (which has come in for more noticeable public criticism since 2007) is that some have tended to blindly believe in financial economic models as fact that can be applied to reality in an unbiased and accurate manner (because it is science and can be "right" in the same way a mathematical formula can be right), when this is so obviously untrue. I hope that some of the research in behavioural economics can begin to remind us of the "social" element of the socially dismal science.
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