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Principles of Economics for a Post-Meltdown World

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This brief emphasizes the ways in which introductory economics textbooks incorrectly rely on assumptions about the free market, the rational agent model, market fundamentalism, and standard long-standing assumptions in economics, and in doing so disregard the effects of incomplete and asymmetric information on choice and on allocation, and maintain a general but flawed belief that competitive markets can always provide efficient solutions automatically. In other words, the standard economics principles textbook is ...

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Principles of Economics for a Post-Meltdown World
2016, Springer, Cham

ISBN-13: 9783319278278

2016 edition

Trade paperback

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