Profit Doctrine

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A01=Ian Hudson
A01=Robert Chernomas
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Author_Ian Hudson
Author_Robert Chernomas
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Category1=Non-Fiction
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Category=KCP
COP=United Kingdom
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deregulation
economics profession
eq_bestseller
eq_business-finance-law
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eq_nobargain
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Finance
Financial Crisis
Financial Markets
Financial Sector
Language_English
Neoliberal Capitalism
Neoliberal Economics
Neoliberal Economists
Neoliberal policy
Neoliberalism
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Price_€50 to €100
Privatisation
Privatization
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softlaunch

Product details

  • ISBN 9780745335865
  • Weight: 406g
  • Dimensions: 135 x 215mm
  • Publication Date: 20 Dec 2016
  • Publisher: Pluto Press
  • Publication City/Country: GB
  • Product Form: Hardback
  • Language: English
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The economics profession has a lot to answer for. After the late 1970s, the ideas of influential economists have justified policies that have made the world more prone to economic crisis, remarkably less equal, more polluted and less secure than it might be. How could ideas and policies that proved to be such an abject failure come to dominate the economic landscape?
 
By critically examining the work of the most famous economists of the neoliberal period including Alan Greenspan, Milton Friedman, and Robert Lucas, the authors Robert Chernomas and Ian Hudson demonstrate that many of those who rose to prominence did so primarily because of their defence of, and contribution to, rising corporate profits and not their ability to predict or explain economic events.

An important and controversial book, The Profit Doctrine exposes the uses and abuses of mainstream economic canons, identify those responsible and reaffirm the primacy of political economy.
Robert Chernomas is Professor of Economics at the University of Manitoba, Canada. He is co-author (with Ian Hudson) of Economics in the Twenty-first Century: A Critical Perspective (University of Toronto Press, 2016) and To Live and Die in America: Class, Power Health and Health Care (Pluto Press, 2013). Ian Hudson is Associate Professor of Economics at the University of Manitoba, Canada. He is the co-author (with Robert Chernomas) of Economics in the Twenty-first Century: A Critical Perspective (University of Toronto Press, 2016) and To Live and Die in America: Class, Class, Power Health and Health Care (Pluto Press, 2013).

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