Jim Stanford. Economics for Everyone (2008) Subtitled “A Short Guide to the Economics of Capitalism”, the book delivers what the cover promises. Stanford demystifies economics, states his bias (leftish) up front, and demolishes “classical economics” as he goes. Would that Harper and his crew would read this book, and consider what damage their fantasies have done and will do.
Stanford starts with the simple and obvious observation that the economy is merely the way we organise the production and distribution of goods and services. Capitalism is a no more natural or inevitable system than any other. After reading this book, it’s clearer than ever that Milton Friedman was not only a nutter, but a dangerous one. He's one of many economists who've made people think that economics is about money, and has justified those who believe that making money is the purpose of business. Check 1 Timothy 6:10. *** (2008)
Wednesday, November 20, 2013
Jim Stanford. Economics for Everyone (2008)
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