Everything for sale : the virtues and limits of markets / Robert Kuttner.
"In this highly acclaimed, provocative book, Robert Kuttner disputes the laissez-faire direction of both economic theory and practice that has been gaining in prominence since the mid-1970s. Dissenting voices, Kuttner argues, have been drowned out by a stream of circular arguments and complex m...
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| Format: | Book |
| Language: | English |
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Chicago, Ill. :
University of Chicago Press,
1999.
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| Summary: | "In this highly acclaimed, provocative book, Robert Kuttner disputes the laissez-faire direction of both economic theory and practice that has been gaining in prominence since the mid-1970s. Dissenting voices, Kuttner argues, have been drowned out by a stream of circular arguments and complex mathematical models that ignore real-world conditions and disregard values that can't easily be turned into commodities. With its brilliant explanation of how some sectors of the economy require a blend of market, regulation, and social outlay, and a new preface addressing the current global economic crisis, Kuttner's study will play an important role in policy-making for the twenty-first century. "The best survey of the limits of free markets that we have. . . . A much needed plea for pragmatism: Take from free markets what is good and do not hesitate to recognize what is bad."--Jeff Madrick, Los Angeles Times"It ought to be compulsory reading for all politicians--fortunately for them and us, it is an elegant read."--The Economist"Demonstrating an impressive mastery of a vast range of material, Mr. Kuttner lays out the case for the market's insufficiency in field after field: employment, medicine, banking, securities, telecommunications, electric power."--Nicholas Lemann, New York Times Book Review "A powerful empirical broadside. One by one, he lays on cases where governments have outdone markets, or at least performed well."--Michael Hirsh, Newsweek"To understand the economic policy debates that will take place in the next few years, you can't do better than to read this book."--Suzanne Garment, Washington Post Book World"--Publisher description. |
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| Item Description: | "A Century Foundation book.". Originally published: New York : Alfred A. Knopf, 1997. |
| Physical Description: | xx, 410 pages ; 23 cm |
| Bibliography: | Includes bibliographical references (pages 363-395) and index. |
| ISBN: | 0226465551 9780226465555 |