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The Corruption of Economics

4.43  ·  Rating details ·  7 ratings  ·  3 reviews
The mystery of persistent economic failure can now be explained. Professor Mason Gaffney charges his colleagues with using a theoretical apparatus that is fatally flawed. But he goes further: he accuses the founders of neo-classical economics - the paradigm taught in schools and universities - of acting in bad faith. They distorted the science of economics to protect ...more
Paperback, 272 pages
Published January 28th 1994 by Shepheard-Walwyn Ltd.
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Ariadna73
Sep 24, 2014 rated it it was amazing
Shelves: business, economy
I read this book because it was recommended by Brian Czech in his Supply Shock: "Economic Growth at the Crossroads and the Steady State Solution" book. And it did deliver. What a great book!

I liked the language and the plain exposition of the facts: Henry George was a journalist that in the early 1800 wrote a simple plan to straighten the mess that had at that time taken hold of the world. He proposed that those who owned the land should pay taxes to sustain the living of everyone else.

Here is
...more
Brian
Mar 18, 2012 rated it really liked it
Recommends it for: economists, historians, thinkers
A note: I read Mason Gaffney's Neo-Classical Strategem; I understand the Corruption of Economics included it, or was based on it.

I enjoyed Neo-Classical Strategem a lot - couldn't put it down. What a piece of history writing it is - history of USA and world economics, and of USA universities as well.

nada
Oct 04, 2014 rated it it was amazing
In this completely unique book, the economist Mason Gaffney puts together one of the most carefully researched, sharply witty, and engaging historical non-fiction works I have ever read. The claim seems incredible... and for years, even as a geoist, I didn't really believe the talk. Not until returning to my university and questioning my former economics professors was I persuaded to read this book and take the issue seriously. I highly recommend this book for anyone interested in history or ...more
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