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Railroading Economics The Creation of the Free Market Mythology (Paperback)

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Railroading Economics Perelman, Michael                        1 of 1
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FORMAT: Paperback
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Learn more about Railroading Economics:

Format: Paperback
ISBN-10: 1583671358
ISBN-13: 9781583671351
Sku: 31234653
Publish Date: 4/10/2007
Dimensions:  (in Inches) 8.75H x 6L x 0.5T
Pages:  238
Age Range:  NA
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Most economic theory assumes a pure capitalism of perfect competition. This book is a penetrating critique of the rhetoric and practice of conventional economic theory. It explores how even in the United States--the most capitalist of countries--the market has always been subject to numerous constraints.

Perelman examines the way in which these constraints have been defended by such figures as Henry Ford, J. P. Morgan, and Herbert Hoover, and were indeed essential to the expansion of U.S. capitalism. In the process, he rediscovers the critical element in conservative thought--the "forgotten traditions of railroad economics"--that has been lost in the neoliberal present. This important and original historical reconstruction points the way to a discipline of economics freed from the mythology of the market.

Product Attributes

Product attributeBook Format:   Paperback
Product attributeNumber of Pages:   0238
Product attributePublisher:   Monthly Review Press
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