Tuesday, July 05, 2011

Adler's Economics for the rest of us

Economics for the Rest of Us: Debunking the Science that Makes Life DismalEconomics for the Rest of Us: Debunking the Science that Makes Life Dismal by Moshe Adler

My rating: 4 of 5 stars


Written for the layman, Adler does an effective job of teaching some of the basic precepts of neoclassical economics, the prevailing paradigm and its influence on public policy.

This does require getting into some technical material about wage theories and the Pareto model of "efficiency," which are the more difficult parts of the book for readers not trained in economics. Difficult, but not impenetrable, and well worth it for understanding the substance of Adler's critique.





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