Economics of Innocent Fraud: Truth for Our Time
by GALBRAITH, John Kenneth
- Used
- Hardcover
- first
- Condition
- Fine in Fine dust jacket
- ISBN 10
- 0618013245
- ISBN 13
- 9780618013241
- Seller
-
Springfield, Massachusetts, United States
Payment Methods Accepted
About This Item
Synopsis
John Kenneth Galbraith has long been at the center of American economics, in key positions of responsibility during the New Deal, World War II, and since, guiding policy and debate. His trenchant new book distills this lifetime of experience in the public and private sectors; it is a scathing critique of matters as they stand today. Sounding the alarm about the increasing gap between reality and "conventional wisdom" -- a phrase he coined -- Galbraith tells, along with much else, how we have reached a point where the private sector has unprecedented control over the public sector. We have given ourselves over to self-serving belief and "contrived nonsense" or, more simply, fraud. This has come at the expense of the economy, effective government, and the business world. Particularly noted is the central power of the corporation and the shift in authority from shareholders and board members to management. In an intense exercise of fraud, the pretense of shareholder power is still maintained, even with the immediate participants. In fact, because of the scale and complexity of the modern corporation, decisive power must go to management. From management and its own inevitable self-interest, power extends deeply into government -- the so-called public sector. This is particularly and dangerously the case in such matters as military policy, the environment, and, needless to say, taxation. Nevertheless, there remains the firm reference to the public sector. How can fraud be innocent? In his inimitable style, Galbraith offers the answer. His taut, wry, and severe comment is essential reading for everyone who cares about America's future. This book is especially relevant in an election year, but it deeply concerns the much longer future.
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Details
- Bookseller
- Grendel Books, ABAA/ILAB (US)
- Bookseller's Inventory #
- 54871
- Title
- Economics of Innocent Fraud: Truth for Our Time
- Author
- GALBRAITH, John Kenneth
- Format/Binding
- Hardcover
- Book Condition
- Used - Fine in Fine dust jacket
- ISBN 10
- 0618013245
- ISBN 13
- 9780618013241
- Publisher
- Houghton Mifflin,
- Place of Publication
- Boston:
- Date Published
- 2004
- Keywords
- ECONOMICS
- Bookseller catalogs
- Economics;
Terms of Sale
Grendel Books, ABAA/ILAB
Please contact us to reserve books in advance. We will hold books for ten days, pending payment. All orders should be prepaid. Payment may be made by personal check, money order, or PayPal. Institutions can be billed to suit their needs. Massachusetts residents please add 6.25% sales tax. Domestic orders are shipped via the U.S. Postal Service (Priority Mail) starting at $15.00 for the first book. Shipping cost may be slightly higher depending on weight of book and shipping destination. Media Mail shipping rate is also available: $7.00 for the first book and $2.00 for each additional. Overseas orders are billed at cost. Books may be returned within 10 days for whatever reason, provided their condition has not been altered. We request that you notify us in advance of returns.
About the Seller
Grendel Books, ABAA/ILAB
About Grendel Books, ABAA/ILAB
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