The Economists' Hour by Binyamin Appelbaum

The Economists' Hour by Binyamin Appelbaum

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Summary

After decades of pervasive influence over government policy, economists have done much to create the world in which we live. And yet, how well do they actually understand human behaviour? As the Western world turns against ‘experts’, has their time come to an end?

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The Economists' Hour by Binyamin Appelbaum

After decades of pervasive influence over government policy, economists have done much to create the world in which we live. And yet, how well do they actually understand human behaviour? As the Western world turns against experts, has their time come to an end?
This thoroughly researched, comprehensive, and critical account of the economic philosophies that have reigned for the past half century powerfully indicts them* Publisher Weekly (starred) *
A marvel of popular historical writing. * New York Times *
A highly readable, exhilaratingly detailed biographical account. * Sunday Telegraph *
That such sophisticated people presided over a dangerous build-up in financial risk suggests that something larger was at work than a naïve faith in markets. Appelbaum’s strength is that he generally acknowledges these complexities. * Atlantic *
The New York Times financial writer maps the advance of economists - from the Kennedy administration onward - out of the academy and into government, elevating free markets in the sausage - making of public policy and sparking the inequity that plagues us today. * O Magazine *
Lively and entertaining . . . The Economists' Hour is a reminder of the power of ideas to shape the course of history. -- Liaquat Ahamed * New Yorker *
"An entertaining and well-written look at how market-oriented ideas rose from the academy and transformed nations. -- Tyler Cowen
Binyamin Appelbaum has written a powerful must-read for all those interested in reinvigorating the credibility of economics, especially in policymaking circles. -- Mohamed A. El-Erian
Writing in accessible language of thorny fiscal matters, the author ventures into oddly fascinating corners of recent economic history . . . Anyone who wonders why government officials still take the Laffer curve seriously need go no further than this lucid book. * Kirkus *
A well-reported and researched history of the ways in which plucky economists helped rewrite policy in America and Europe and across emerging markets. * Economist *
Binyamin Appelbaum writes about economics and business for the editorial page of the New York Times. From 2010 to 2019, he was a Washington correspondent for the Times, covering economic policy in the aftermath of the 2008 crisis. He previously worked for the Washington Post, the Boston Globe, and the Charlotte Observer, where his reporting on subprime lending won a George Polk Award and was a finalist for the Pulitzer Prize. He lives with his wife and children in Washington, DC.
SKU Unavailable
ISBN 13 9781509879151
ISBN 10 1509879153
Title The Economists' Hour
Author Binyamin Appelbaum
Condition Unavailable
Binding Type Paperback
Publisher Pan Macmillan
Year published 2020-09-03
Number of pages 352
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.