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This book explains how the revolution in economics, wrought by Joseph E. Stiglitz and the economics of information, has provided us with new methods and answers to solving economic problems, especially for the poor nations of the world. It brings 230 years of economic thought and folklore into question and shows us that 'free enterprise' and the 'market' that we once respected does not exist.

Produktbeschreibung
This book explains how the revolution in economics, wrought by Joseph E. Stiglitz and the economics of information, has provided us with new methods and answers to solving economic problems, especially for the poor nations of the world. It brings 230 years of economic thought and folklore into question and shows us that 'free enterprise' and the 'market' that we once respected does not exist.
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Autorenporträt
Gerald L. Houseman is professor emeritus of political science at Indiana University, Fort Wayne.