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ISBN: 0618013245 / ISBN-13: 9780618013241

The Economics of Innocent Fraud: Truth for Our Time

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John Kenneth Galbraith, lifelong critic of unbridled corporate power and one of the most renowned economists of the twentieth century, delivers a ... Show synopsis

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  • The Economics of Innocent Fraud: Truth for Our Time (Houghton Mifflin Harcourt (HMH)) – Hardcover (2004)
    by John Kenneth Galbraith

    The Economics of Innocent Fraud: Truth for Our Time

    Hardcover, Houghton Mifflin Harcourt (HMH)
    2004
    English
    62 pages

    ISBN: 0618013245
    ISBN-13: 9780618013241

    The primary aspect of the "fraud" of the American economy that Galbraith (emeritus, economics, Harvard U.) criticizes is the false pretense of shareholder control over corporations, when in fact all real power has shifted to corporate managers. Contradicting conventional wisdom, or "approved belief" in his words, he denies the distinction between t

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