First published in 2004, John Kenneth Galbraith's "The Economics of Innocent Fraud" is an extraordinarily prescient analysis of capitalism that has even greater power and relevance for our times. In this vigorous polemic John Kenneth Galbraith, a lifelong critic of unbridled corporate power, distils years of expertise to deliver a scathing attack ...
First published in 2004, John Kenneth Galbraith's "The Economics of Innocent Fraud" is an extraordinarily prescient analysis of capitalism that has even greater power and relevance for our times. In this vigorous polemic John Kenneth Galbraith, a lifelong critic of unbridled corporate power, distils years of expertise to deliver a scathing attack on the modern financial system. Sounding the alarm on the gap between 'conventional wisdom' - a phrase he coined - and reality, Galbraith warns that the private sector and the public realm are becoming increasingly intertwined. He shows how politics and the media have colluded in the myth of a benign market system, accepting obscene pay gaps and unrestrained self-enrichment - ultimately meaning that we have come to condone legal, legitimate, 'innocent' fraud. "An almost indecently pleasurable read". ("The Times"). "I agree with Galbraith. The bonus culture is skim, bribery, corporate theft". (Simon Jenkins, "Guardian"). "The most stylish writer on economics of the past half-century ...it will please those who appreciate Galbraith's dry wit and laconic iconoclasm". ("Financial Times"). "America's great liberal economist, the intellectual heir to John Maynard Keynes". ("Economist"). John Kenneth Galbraith (1908-2006) was a Canadian-American economist. A Keynesian and an institutionalist, Galbraith was a leading proponent of 20th-century American liberalism and progressivism. Galbraith was the author of 30 books, including "The Economics of Innocent Fraud", "The Great Crash: 1929", and "A History of Economics". He was awarded honorary degrees from Harvard, Oxford, the University of Paris and Moscow University.
As New. 8vo A special first edition preceding the trade edition, SIGNED by the author, John Kenneth Galbraith. A wonderful scarce book in As New condition, never taken out of its original shrink-wrap; As one of the most renowned and reputable economists, John Kenneth Galbraith illustrates how economics and political systems cultivate their own version of the truth and observes that the gap between myth and reality has never been wider. Contains all of the classic Easton Press trimmings: premium leather, silk moiré end leaves, distinctive cover design, raised bands, accented in real 22KT gold, satin ribbon page marker, gilded page edges, long-lasting, high quality acid-neutral paper, sewn pages for strength and durability.
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