The Corruption of EconomicsThe mystery of persistent economic failure can now be explained. Professor Mason Gaffney charges his colleagues with using a theoretical apparatus that is fatally flawed. But he goes further: he accuses the founders of neo-classical economics - the paradigm taught in schools and universities - of acting in bad faith. They distorted the science of econnomics to protect vested interests, and prevented governments adopting policies that would yield prosperity for everyone. How did it happen? |
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1 | 20 |
Neoclassical Economics as a Stratagem | 29 |
The Georgist Paradigm | 92 |
Copyright | |
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19th century academic American Economic Association Andrew Dickson White Barber benefits California capitalist Chicago City Cornell cost debate distribution economists Edgeworth efficiency Ely's factors of production farm Fetter Frank Knight Gaffney George's Georgist paradigm Gilman Grant Henry George ideas income individual Institute interest investment J.B. Clark John Jorgensen labor labour and capital land and capital land Economics land rent land speculation land taxes land values landowners marginal market economy Marshall Marx Mason Mason Gaffney modern monopoly Murray Milgate eds natural resources NCEists neo-classical economics owners ownership Pareto Peter Newman philosophy President principles problems production Progress and Poverty property tax public finance public revenue rates reform rent of land rent tax rent-takers Single Tax single-tax social system society South Africa Spahr system of public tax on land taxation theory unearned urban wages wealth welfare Wicksteed York