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ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism

ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism

by Yves Smith

Paperback

|October 11, 2011

$27.31 online

$32.50list price

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ECONned examines the unquestioned role of economists as policy-makers, and how they helped create an unmitigated economic disaster. Why are we in such a financial mess today? There are lots of proximate causes: over-leverage, global imbalances, bad financial…
ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism: How…
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Why are we in such a financial mess today? There are lots of proximate causes: over-leverage, global imbalances, bad financial technology that lead to widespread underestimation of risk. But these are all symptoms. Until we isolate and tackle fundamental causes,…