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Thirteen persistent economic fallacies /

Those who believe the fallacies Mishan exposes to the light of reason in this book are, neither ignorant nor careless. The fallacies are all plausible, and intelligent people can be forgiven for believing them. Mishan simply wants readers to see these thirteeen popular, persistent fallacies for what...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Mishan, E. J., 1917-2014
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Westport, Conn. : Praeger, 2009.
Temas:
Acceso en línea:Texto completo

MARC

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246 1 8 |a 13 persistent economic fallacies 
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505 0 |a Fallacy 1 : U.S. goods cannot compete effectively with those produced by cheap labor in countries such as China -- Fallacy 2 : Immigrant labor confers economic benefits on the host country -- Fallacy 3 : Globalization acts to raise living standards in the West -- Fallacy 4 : Countries forming a common market reap economic benefits -- Fallacy 5 : Rent controls are necessary during a housing shortage -- Fallacy 6 : The fact that women's earnings are significantly below those of men is evidence of discrimination -- Fallacy 7 : A reduction in building costs will reduce house prices -- Fallacy 8 : Jobs are lost when a factory or business closes down, and vice versa -- Fallacy 9 : A competitive private enterprise economy tends to produce economic efficiency -- Fallacy 10 : A subsidy to university education is justified since it promotes equality of opportunity and confers benefits on society as a whole -- Fallacy 11 : The national debt is a burden on future generations -- Fallacy 12 : Inflation is caused by an excessive increase in the supply of money -- Fallacy 13 : The rate of economic growth over time is a good index of the growth of people's satisfaction. 
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520 0 |a Those who believe the fallacies Mishan exposes to the light of reason in this book are, neither ignorant nor careless. The fallacies are all plausible, and intelligent people can be forgiven for believing them. Mishan simply wants readers to see these thirteeen popular, persistent fallacies for what they are: Humbug. Mishan's scintillating text is apolitical. His goal is to test the assumptions behind the dearly held positions of both the left and the right or to expose what he calls the "breathtaking fatuity" that counts as wisdom these days. Mishan wants to interject common sense and logic into today's debates over the economy and especially, the political arguments that translate into legislation that has a negative impact on people. 
520 0 |a Mishan breathes new life into old debates. As he notes, the fallacies in this volume travel in the "highest circles", from debates in Congress to the pages of the Wall Street Journal,Time, and the Economist. Most are things 'everybody already knows'. With this book, he hopes to make readers think about these long-held suppositions, to "expose" the concerned citizen to the shock-treatment of discovering that much of what passes for economic wisdom is, in fact, fallacious. (From Publisher Description). 
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650 0 |a Economics. 
650 6 |a Économie politique. 
650 7 |a economics.  |2 aat 
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650 2 |a Economics 
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700 1 |a Mishan, E. J.,  |d 1917-2014.  |t 21 popular economic fallacies. 
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