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The Economics of Innocent Fraud: Truth For Our Time

John Kenneth Galbraith




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The Economics of Innocent  John Kenneth Galbraith epub
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 | #682723 in eBooks |  2004-04-26 |  2004-04-26 | File type: PDF

||3 of 4 people found the following review helpful.| Prescient Overview|By R. Bono|Galbraith's last book reviews the economic landscape of several years ago...before the meltdown. He's quite open about the failure of liberalism...i.e. the "countervailing power" of the state....to be a balancing force for the public interest against the overwhelming reality of the corporate dominance of the US and world economy. That the corporati|.com |John Kenneth Galbraith has been immersed in economics for most of his long and remarkable life. The purpose of this extended essay is to illuminate examples of "innocent fraud" or the gulf between perception and reality in the modern American economic sys

John Kenneth Galbraith has long been at the center of American economics, in key positions of responsibility during the New Deal, World War II, and since, guiding policy and debate. His trenchant new book distills this lifetime of experience in the public and private sectors; it is a scathing critique of matters as they stand today.
Sounding the alarm about the increasing gap between reality and "conventional wisdom" -- a phrase he coined -- Galbraith tells, alon...

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